What is Hemayah Takaful?

By virtue of this license, the company launched its Window Takaful Operations under the BRAND NAME ‘Hemayah’ which offers a complete range of Shariah compliant Family Takaful solutions for both individuals and corporates.

What is Hemayah Takaful?

By virtue of this license, the company launched its Window Takaful Operations under the BRAND NAME ‘Hemayah’ which offers a complete range of Shariah compliant Family Takaful solutions for both individuals and corporates.

What is EFU Hemayah?

EFU Life – Window Takaful Operations brings you Hemayah Takaful Savings Plan, a Shariah Compliant Takaful plan that provides you valuable Takaful coverage as well as high value savings opportunities so that all your dreams become a reality.

What is EFU family takaful?

Hemayah EFU Life Takaful Savings Plan is Shariah Compliant investment and protection mechanism that provides you a valuable coverage as well as an opportunity to accumulate your savings from medium to long term.

How can I check my EFU policy status?

All you have to do is type “EFU LIFE” on your mobile phone and send to 9898. You can also message us directly on the following short codes. You can access your policy details anytime from anywhere directly by typing the short codes given below followed by your policy number.

What does EFU mean?

EFU

Acronym Definition
EFU Exclusive Farm Use (zoning)
EFU Examen Final Uniforme (French: Uniform Final Examination; accounting examination)
EFU Egyptian Feminist Union (Egypt)
EFU Equine Fertility Unit (horse breeding facility; Newmarket, England, UK)

How does Takaful insurance work?

Takaful, often referred to as ‘Islamic insurance’, is a way for businesses to mitigate the financial risk of unforeseen events. Takaful is based on social solidarity and cooperation, it is a pact among a group of people who agree to jointly indemnify loss or damage from a fund they donate to collectively.

How do I surrender my EFU policy?

In order to fully surrender your policy, the following documents would be required:

  1. Surrender Form, duly filled in and signed by the policy holder.
  2. Original Policy Documents.
  3. Zakat Declaration (if you wish to apply for Zakat Exemption)

How is cash value of EFU calculated?

You can determine the cash value of your policy at any time by simply multiplying the number of units allocated in your policy to the Bid Price of the fund your policy is linked to. Mathematically, Cash Value = Number of units x Bid Price of the Fund.

Is EFU Life insurance halal?

Worried about how to make sure you’re protected against unforeseen personal or business circumstances but also want to make sure your insurance is halal? Look no further. Underwritten by EFU Life, our Takaful plans are completely Shariah complaint.

Is EFU private or government?

private sector
In 1990, the Government of Pakistan reopened the life insurance business to the private sector organisations and EFU Life Assurance Ltd started operations in November 1992 as the first private sector life insurance company.

Who is owner of EFU?

Taher G. Sachak (1994–)EFU Group / CEO

What is the meaning of EFU?

EFU Group, originally Eastern Federal Union Insurance Company Limited, (ایسٹرن فیڈرل یونین انشورنس کمپنی لمیٹڈ) is a Pakistan based insurance company. It was the first insurance company in India founded in (1932) owned by the Muslims based in Calcutta.

What is sum assured in EFU?

Sum Assured: This is the guaranteed amount payable on death. The sum assured may be selected from a range depending on the age at entry.

How do I create an EFU account?

Registration

  1. Username: e.g. [email protected] will act as your User ID.
  2. Password: Max. Length 10 charactersWeak.
  3. Confirm Password:

What EFU means?

Is Takaful Halal or haram?

halal
We know that takaful is deemed halal in Islam, so any insurance policy that complies with the principles of takaful should also be deemed to be permissible.

How many branches of EFU are there in Pakistan?

The Company has a growing branch network of over 150 branches through out the country.

What is the full form of EFU?