Thursday 9 August 2012

Participants Investment Fund (PIF)


  • This is where the savings portion of the contribution is placed for the purpose of investment and to receive any income from it.
  • If the Fund is profitable, the profit from the Investment Profit in Participant Investment Fund is split between Participant and bTakaful Operator, respectively.
  • The PIF will be accumulated and will be paid at the end of certificate term or upon termination of the certificate.

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