“Hajj is not just a journey of miles; it is a journey of the heart, a pilgrimage of faith, and a transformation of the soul.”
The 5th Pillar Family Takaful Bulawa Hajj Savings Plan is a Shariah-compliant savings and protection solution designed to help you prepare financially for your Hajj. Through a unit-linked membership (ULIP) with Takaful protection, you can make regular contributions based on your financial capacity.
This plan offers a complete value chain – from the moment you start saving, until you perform Hajj and return home safely. It ensures your savings grow, your family is protected, and your spiritual journey is supported every step of the way.
Features & Benefits
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Dedicated Hajj Savings – Structured contributions to achieve your pilgrimage goal.
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Complete Value Chain – End-to-end support throughout your Hajj journey.
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Flexible Coverage – Choose the sum cover as per your needs.
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Bonus Allocations – Up to 50%, with long-term allocations as high as 210% over 25 years.
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Protection Benefits – Death & maturity benefits to safeguard your loved ones.
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Additional Riders – Option to enhance coverage.
Eligibility & Terms:
|
Attribute |
Details |
|
Eligible Age |
18 – 55 years |
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Minimum & Maximum Plan Term |
10 – 25 years |
|
Maximum Maturity Age |
70 years |
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Minimum Annual Contribution |
Based on the Age and Takaful benefit of the participant, and it will vary by participant. |
|
Mode of Contribution |
Annual / Semi-Annual / Quarterly / Monthly |
How it Works
- Decide your Hajj savings goal and contribution capacity.
- In case of unforeseen events, your family receives protection benefits.
- Make regular contributions through flexible payment modes.
- Your contributions are invested in a Shariah-compliant fund.
- Upon maturity, the participants shall have the following options:
Withdraw their accrued cash value on the date of maturity or utilize the accrued cash value to Perform Hajj by availing the services of 5th Pillar Travel (Pvt) Limited. - In case of unforeseen events, your family receives protection benefits.
Claims Process
Beneficiaries may contact 5th Pillar Family Takaful Company at 021-111-786-573 Email: claims@5thpillartakaful.com and provide:
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Original membership documents
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Completed claim intimation form
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Medical/treatment records
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Death certificate (Hospital & NADRA)
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Attested CNICs of life assured & claimant
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Death intimation with date & cause of death
For accidental, murder, or suicide-related claims, additional documents such as FIR, medico-legal report, autopsy, and newspaper cutting are required.
Note: Additional documents may be requested depending on the nature of the claim.
Free Look Period
If you cancel within 14 working days of receiving your Participant’s Membership Document (PMD), you are entitled to a full refund of your contribution, less medical/clinical exam expenses.
Disclaimer
This product is underwritten by 5th Pillar Family Takaful Limited. It is not guaranteed or covered by Bank Alfalah Limited or its affiliates. Bank Alfalah acts solely as a distributor.