Retirement Protection & Savings Program

A program designed to help customers save for their 

financial goals during retirement, in a manner that complies with Shariah principles. It also provides financial protection for your family in the unfortunate event of death, the program delivered through Arabian Shield Cooperative Insurance Company.

Apply Now

Benefits That Fit Your Needs

• A long-term, regular savings plan with a defined maturity date
• Monthly contributions starting from as low as SAR 300 (equivalent to SAR 10 per day)
• Life coverage up to 1,575,000
• In the event of death (God forbid) under the retirement program, the plan will be terminated and the higher of the following will be paid: the protection amount or the total savings value including any earned returns.
• Option to invest savings across various investment strategies tailored for protection and savings products, managed by Alinma Capital.
• Partial withdrawals available for emergency situations
• Flexibility to withdraw at any time before the maturity date
• Available from age 18 up to a maximum of 65 years
• A 21-day free-look period: if not satisfied, you may cancel the policy and receive your contributions back, minus any medical exam fees (if applicable) and protection fees
• Flexible contribution payment options (standing order or direct debit)

Retirement Protection & Savings Program | Overview Presentation

• There is NO guarantee that the investment return shown above will be achieved. This illustration is based on indicative.
• The effect of investment charge is already taken into account in the illustrated values