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?

EFU Life has the distinction of being the first window Takaful operator in the country when we began our operations in February 2015 under a dedicated brand – Hemayah. We offer a range of takaful solutions focusing on Takaful protection, savings, education and retirement.

How do I check the status of my EFU?

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.

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.

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)

What is the meaning of Takaful in Urdu?

Dictionary Meaning of Takaful (Lexicon): The word “Takaful” originates from Arabic word “Kafalah” which means “To Guarantee”. Through inflection it changed to “Takaful” which means to “jointly guarantee each other”.

Is EFU private or government?

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 the owner of EFU company?

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

How is cash value calculated in EFU?

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.

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.

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.

What EFU means?

Eastern Federal Union Insurance Company Limited
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.

Who is owner of EFU?

What are takaful companies?

Takaful is a type of Islamic insurance wherein members contribute money into a pool system to guarantee each other against loss or damage. Takaful-branded insurance is based on sharia or Islamic religious law, which explains how individuals are responsible to cooperate and protect one another.

How many branches of EFU are there?

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

What is the full form 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 happens if I surrender my policy?

If a policyholder decides to terminate the policy before maturity, the amount which the insurance company will pay to the policyholder is known as surrender value. If the policyholder does a mid-term surrender, he would get a sum of what has been allocated towards savings and earnings on them.

How do I claim EFU Life insurance?

You can simply reach us at (021) 111-338-111 (111-EFU-111) or write an e-mail at [email protected] to file your claim. Once the claim is intimated our agent will ask for required set of documents mentioned below.

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