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What is Meezan Kafalah Program Overview about?

This document summarizes a Meezan Kafalah program offered by a bank. The program allows customers to save for future goals like education or Hajj. It provides regular savings, Takaful coverage for unexpected losses, and profit sharing from investments in a Mudarabah pool. Over PKR 100 billion has been provided in coverage, and the bank has paid PKR 10 billion in claims. However, some criticize that the program

Author

Ali

Language

EN