Dawood Family Takaful Limited began its operations in Pakistan in 2007 and is regulated by the Securities and Exchange Commission of Pakistan (Insurance Division). 

The Pakistan Credit Rating Agency (PACRA) has upgraded the company’s IFS rating to ‘A’ as it continues to make leaps and bounds in the takaful industry, leading innovations and capturing a wide market. The company boasts of moderate risk factors and has built a strong corporate profile over time. 

Best Insurance Plans Guaranteed

Great endowment - life insurance

Comprehensive Takaful Coverage

One of Pakistan’s leading Takaful insurance groups.

Whole Life Insurance

Shariah-Compliant Comprehensive Coverage

All plans are endorsed and approved by a board of Shariah Advisors.

Fast Claims

Multiple Maturity options

Convenient and early maturity flexibility depending on your policy.

Online Portal

Diverse Investment Options

Get income benefit assurity with plans that care for you long after you’ve stopped earning.

Withdrawal Plans

Shariah-Compliant Coverage

Some of the most profitable and high-performing funds in the business.

Additional Riders

Different Premium Variants

Different price points catering to both low-income and high net-worth individuals.

Multiple Benefits Savings Plan

whole life plans

Flexible Investment Options

Different investment options including low risk/steady growth and high risk/high return funds. 

Switch Between Funds Easily

Switch between funds at any point in your policy without hassle. 

Full Coverage for All Your Needs

Coverage for everything including buying a new house, pilgrimage, family vacations and retirement plans. 

Multiple Education Plans

Full Term Tuition Coverage

In-depth coverage to meet all your child’s educational expenses.

Monthly Income Options

Yearly or monthly income stipends to provide for your child’s necessary needs and educational expenses if the policyholder passes away.

Flexible Premiums

Pay your premiums according to your own schedule. 

Education plans

High Coverage Group Plans

High coverage plans

Secure Income and Salary Package

Get upto 10 years of salary replacement. 

Waiver of Contribution and Allowance

Receive healthcare allowance and a waiver of contribution in case of death or disability.

Single Contribution Options

Pay a single premium to gain insurance benefits for life. 

How Do Dawood Family Takaful Policies Work?

While Dawood Family Takaful uses the Islamic insurance method, most policies are based on the unit-link method to calculate and divide your returns. This means your premium is allocated to an investment fund. Every time you pay a premium, the company buys ‘units’ in an investment fund of your choosing and these units keep on accumulating until your policy matures.

Here’s how it works.


The company collects all your data and assigns you protection multiple to take out the minimum yearly premium you need to pay to get your sum assured. 


Once you start paying the premiums the company deducts commission, administration, and unit allocation charges and invests the rest of your money into the investment fund by buying units.


With each passing year, your cash value (the networth of your investments) accumulates and your policy becomes even more profitable.


Your policy reaches a certain number of years. Now your policy is maturing, and accumulating profits and bonuses based on the age of the policy. The older it grows, the more profitable it becomes.


For policies that come with surrender value, you can choose to withdraw your sum assured after x number of years (generally 2-3+ years).


Congratulations! Your policy has matured. If you’ve successfully reached the end of your policy, you’ll receive a sum assured, accrued profits and bonuses (based on the policies you’ve chosen).

Available Benefits with these policies

  • Waiver of premium: this means if you suffer a disability during the tenure of your policy and have lost your source of income, the company will pay your premiums until the policy matures or until you reach a certain age. 
  • Death Benefit: If you die in the middle of your policy, or in certain cases after it ends, your beneficiaries will receive a certain sum assured. 
  • Inflation Safety: Your premium and sum assured amounts are increased every year to combat inflation. 
  • Withdrawals: You can also withdraw money from your funds. Usually, the companies set a limit of the amount and the times you can withdraw the amount. These withdrawals also reduce your cash value back.
  • Surrender Value: You can quit investing in your premium/policies after having paid your premiums for 3 or 3+ years (can vary from company to company), get an evaluation of your cash value worth and then get the money if you don’t feel like proceeding, need the money urgently or do not have enough money to pay your premiums anymore.