Shariah-compliant

What is Takaful?

Takaful is a Shariah-compliant way to protect your family and save for the future. Participants contribute to a shared Takaful fund that supports any member who suffers a loss — mutual cooperation rather than a commercial risk transfer. There is no interest (riba), and every step is overseen by State Life’s Shariah Supervisory Board.

Takaful Golden Endowment Takaful Platinum Plus

🤲Shared riskParticipants pool their contributions to help each other in times of need, rather than transferring risk to a company.

⚖️Shariah compliantFunds are invested only in Islamic, Riba-free instruments under strict supervision of our Shariah board.

🔄Surplus sharingAny surplus in the participants' Takaful fund after claims and reserves may be distributed back to participants.

🛡️Govt. guaranteeJust like conventional plans, Takaful plans are fully backed by the Government of Pakistan.

Takaful vs conventional insurance

Both are offered by State Life and both carry the same Government of Pakistan guarantee on sum assured and declared bonuses. The difference is how the fund is structured.

Takaful

Conventional

Core principle

Mutual cooperation & shared responsibility

Risk transfer to insurance company

Investments

Strictly Shariah-compliant (Riba-free)

Conventional interest-bearing instruments

Fund ownership

Belongs to participants (Takaful fund)

Belongs to the insurance company

Surplus

May be distributed back to participants

Retained as company profit

Guarantee

Government of Pakistan

Talk to a Takaful advisor

We’ll walk you through the Shariah structure and prepare a personalised illustration.

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