easypaisa and 5th Pillar Family Takaful Launch End-to-End Shariah-Compliant Umrah Savings Plan

easypaisa, Pakistan's leading digital bank, has teamed up with 5th Pillar Family Takaful to introduce the 5th Pillar Family Takaful Umrah Savings Plan. This Shariah-compliant savings and protection plan allows customers to plan and save for their Umrah journey. The partnership also includes 5th Pillar Travel (Private) Limited, providing easy access to visa processing, flights, accommodations, and ziarat arrangements after the savings mature.

This plan targets individuals aged 18 to 60 and offers flexible contributions on an annual, half-yearly, quarterly, or monthly basis. Maturity proceeds can be withdrawn in cash or used to fund a complete Umrah package.

Jahanzeb Khan, easypaisa's President & CEO, expressed the bank's commitment to creating financial solutions that cater to customers' aspirations, values, and everyday needs. The Umrah Savings Plan offers Shariah-compliant savings, protection, and seamless Umrah facilitation through a single digital platform. Nasar Qureshi, CEO of 5th Pillar Family Takaful, added that the partnership aims to help individuals and families achieve an important life goal through a structured, Shariah-compliant savings framework.

The service offering bolsters easypaisa's Islamic finance and Takaful portfolio, showcasing the bank's dedication to providing innovative, accessible, and Shariah-compliant solutions.

With over 60 million registered users and as Pakistan's first digital bank, easypaisa aligns with the State Bank of Pakistan's vision to drive inclusive economic growth. The bank continues to expand its range of financial products and services, catering to both existing and unbanked or underbanked customers.