Benefits at a glance

  • Peace of mind

You can rest assured that this plan is Shariah compliant and is approved by SABB’s Shariah Committee. The Shariah Committee members are:

    • Sheikh Abdullah Bin Sulaiman Al Manea
    • Sheikh Dr. Abdullah Al Mutlaq
    • Sheikh Dr. Muhammed A. Elgari Bin Eid
  • Takaful surplus sharing

You may be eligible to receive a share of any declared surplus* from the Takaful Fund.

  • Affordable contribution

The minimum initial contribution is only SAR 30,000 and you can top-up on your initial contribution at any time.

  • Choice of investment strategies and funds

We are able to take advantage of the local knowledge and expertise of our affiliate, HSBC Saudi Arabia Limited through whom SABB Takaful offers a range of investment strategies and funds to meet your needs.

All the below strategies are managed by HSBC Saudi. The latest updates can be reviewed by checking the fund factsheets at

    • Secured Strategy (ART)
    • Cautious Strategy (DAF)
    • Balanced Strategy (BAF)
    • Adventurous Strategy (AGP)
  • Free switching

Switching between funds is free of charge, up to 10 times in any one plan year. This provides you the opportunity to keep your investment objectives aligned with your future financial goals, which may change along the way.

  • Option for fund withdrawal

You can make partial withdrawals from as low as SAR 1,000 provided that a minimum of SAR 4,000 is maintained in the fund at any time.

  • Eligibility

This plan is made available to investors aged between 18 and 65 years.

  • Flexible term period

You can choose a term that suits your needs, starting from a minimum period of 3 years up to a maximum of 30 years, subject to a maximum age of 75 years upon maturity.

  • Flexible coverage scheme

You can choose the level of your financial protection amount from as low as 10% of your initial contribution.

More Benefits

  • Family Takaful benefit

Option to choose either the higher of the protection amount or current value of units or the sum of the protection amount plus the current value of your units.

  • Beneficiaries

Your appointed beneficiaries are entitled to receive the Family Takaful benefit in the event of your untimely death (God forbid).

  • Option for additional benefit

You can choose to add accidental death benefit, accidental medical expense benefit and partial or total permanent disability benefit to your plan for a more comprehensive coverage.

  • Choice of maturity payout

Upon maturity, you can choose to receive the full fund value in a lump sum, in regular installments, or as a combination of both.

Start investing for your future today!

  • Important Notes:

This Plan is underwritten by SABB Takaful Company P.O. Box 9086, Riyadh 11413,

Kingdom of Saudi Arabia Tel.: +966 11 299 1666, Fax: +966 11 276 4463,


Contract issue is subject to plan terms and conditions

Distribution of the declared surplus is in accordance with the Co-Operative Insurance Companies Control Law of the Kingdom of Saudi Arabia and subject to the approval of the Board of Directors of SABB Takaful Company.