Leading Takaful Company offers enhanced saving, investment, and protection marriage plan

Solidarity's existing SolidMarriage plan is a Sharia'h compliant saving and investment plan that provides parents and individuals with the opportunity to put money aside to ensure the very best for their children when they decide to get married. The SolidMarriage saving, investment, and protection plan is available to nationals, expatriates and international investors.

As a new offering to enhance the existing line of Takaful products, Solidarity - Family Takaful developed Takaful Protection Benefits attached to each saving and investment plan. As an added benefit to Solidarity - Family Takaful saving and investment plans, the SolidMarriage plan includes Takaful Protection Benefits that cover Takaful Protection for Critical Illness and Takaful Protection for Waiver of Contributions on Death.

"The Takaful Protection Benefits are an added benefit to our current line of Family Takaful Plans and we are pleased to provide these benefits that suit each individual's needs. Solidarity - Family Takaful prides itself on providing a full line of saving, investment, and protection offerings at the highest degree of service while maintaining full accordance with the guiding principles of Islamic Sharia'h in all business transactions," said Rob King, General Manager, Solidarity - Family Takaful.

SolidMarriage works as a saving and investment plan that can be customized so that a family or individual can set saving goals and actively save for the marriage of their children with the utmost safety and protection Takaful benefits against the widest possible risks. Investors can choose to contribute a regular amount of money to their SolidMarriage plan on a monthly, quarterly or half yearly basis with terms ranging between 5 and 20 years. The SolidMarriage plan is available to investors as early as 18 years of age, and the opportunity to increase the value of the plan at any contribution due date exists for all SolidMarriage saving and investment scheme participants.

"Solidarity - Family Takaful developed the SolidMarriage saving, investment and protection plan to fulfil the needs of Islamic Financial Planning to its customers in response to growing costs of getting married. Weddings, for instance, are no longer simple affairs; they involve a great deal of planning with quickly accumulating costs. The marriage of a child is a pivotal moment in any parent's life and there are many costs to consider," said Bassel Hanbali, Head of Marketing, Solidarity - Family Takaful.

"A wedding day is one of the most important days in one's life. Parents want to ensure that their children have the wedding of their dreams. By investing their money in the SolidMarriage plan, parents can work with us to customise a saving, investment and protection plan that will meet their needs. At Solidarity we have a goal to ensure the special events in our customers lives are fulfilled," said King.

"An added benefit to the SolidMarriage plan is that after disbursement for the cost, any unused funds within the plan can be donated to the newlywed couple to help them get started in their new life together," added King.

"We at Solidarity provide Islamic Financial Planning schemes to work clients to ensure that the plan they choose is compatible with their lifestyle and budget. By offering this affordable and flexible Sharia'h compliant saving, investment and protection plan for Marriages, we can work to determine the value and time period of the coverage needed to help clients finance the cost of marriage," said Hanbali.

In addition to SolidMarriage plan, Solidarity - Family Takaful provides a wide range of Family Takaful saving, investment and protection plans ranging from retirement, wealth accumulation, education, and other family and individual plans. Because Solidarity offers a range of flexible saving, investment and protection Takaful plans, customers can decide which approach will best meet their needs.

Solidarity was originally established in direct response to the growing demand for Takaful products across the region, with the expanding scope of this unique Islamic system of insurance and assurance. Solidarity is poised to lead the way in providing the utmost safety and protection against the widest possible risks, along with a diverse range of prudent saving and investment opportunities.

Over the coming years Solidarity plans to further expand their product line to tailor for the growing diversity of market demand for Islamic Financial Planning needs that truly comply with the guiding principles of Islamic Sharia'h.