NBD Tawfeeq Investment Programme
Grow your investments in a Shari’ah compliant manner

National Bank of Dubai, in association with Dubai Islamic Insurance & Reinsurance Company (AMAN), now brings you a fully Shari’ah compliant lump sum investment programme to help you achieve your financial goals. In addition, the programme also provides Takaful protection benefits to secure the future of your family and loved ones.

Takaful originates from the Arabic word Kafalah which means “guaranteeing each other” or “joint guarantee”. In principle, the Takaful system is based on mutual co-operation, responsibility, assurance, protection and assistance amongst the participants, as it is based on brotherhood.

Product Features:

 Open to all UAE residents from ages 18 to 50 years
 Online approval and prompt issuance of policy certificate
 Currency of program is UAE Dirhams
 Minimum one time contribution is AED 50,000
 Minimum programme period is 3 years
 Choice of professionally managed Shari’ah compliant investment strategies*
 Flexibility of switching between the investment strategies four times a year for free
 No surrender penalties
 Possibility of additional lump sum contributions to the plan to increase your investment (without increase in Takaful benefits)
 Partial withdrawals are allowed**
 Appointment of up to four beneficiaries is allowed at a time

Additional features and benefits:

The plan carries several additional features and benefits as below, some of which are unique:

 Prompt handling and approval of all applications
 No customer will be declined, irrespective of his or her health condition; minimum Takaful coverage will be offered to all customers*
 Shari’ah compliant Retakaful arrangement with a reputed international re-insurance company
 Attractive risk/reward calibrated investment portfolios**
 Transparent fee structure
 Free NBD account with no minimum balance requirement
 No pre requirements of salary certificate or proof of employment
 Free access to NBD Online, NBD Tele-bank and NBD Mobile SMS Alerts services

* Subject to terms and Conditions
** Investment strategies will have varying proportions of Shari’ah compliant equity funds and cash depending on their risk grading. These strategies and the dynamic fund selection and allocation model will be professionally managed by an international asset management company selected by the Wakeel, Dubai Islamic Insurance and Reinsurance Company (AMAN). Past performance cannot be considered as a guide for future expected returns.