easypaisa and 5th Pillar Family Takaful Launch End-to-End Shariah-Compliant Umrah Savings Plan
Easypaisa, Pakistan's leading digital bank, has partnered with 5th Pillar Family Takaful to launch the 5th Pillar Family Takaful Umrah Savings Plan, a Shariah-compliant savings and protection solution that enables customers to plan and prepare financially for Umrah.
Easypaisa, Pakistan's leading digital bank, has partnered with 5th Pillar Family Takaful to launch the 5th Pillar Family Takaful Umrah Savings Plan, a Shariah-compliant savings and protection solution that enables customers to plan and prepare financially for Umrah.
Article outline
- What happened
- The key numbers
- The details
- The bottom line
Key points
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- Our partnership with easypaisa enables us to reach customers at scale and deliver a seamless experience that combines protection, disciplined savings and travel facilitation under one ecosystem.
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- The firm continues to expand its range of financial products and services, catering not only to its existing users but additionally to millions who remain unbanked or underbanked.
As part of the offering, an integrated partnership with 5th Pillar Travel (Private) Limited provides easypaisa users with end-to-end travel facilitation upon maturity, including visa processing, flights, accommodation, and ziarat arrangements, making the journey more convenient and seamless.
This combines long-term savings with Takaful-based protection, providing customers aged 18 to 60 with a structured and disciplined way to work towards their Umrah aspirations while benefiting from the convenience of digital financial services. Available with terms starting from five years, the plan offers flexible contribution options on an annual, half-yearly, quarterly, or monthly basis, with maturity proceeds either withdrawn in cash or utilised towards a complete Umrah package.
Speaking on the collaboration, Jahanzeb Khan, President & CEO, easypaisa digital bank, remarked, "At easypaisa, we are committed to creating financial solutions that reflect the aspirations, values, and everyday needs of our customers. The launch of the 5th Pillar Family Takaful Umrah Savings Plan brings together Shariah-compliant savings, protection, and seamless Umrah facilitation in a single digital offering, empowering millions of Pakistanis to plan for this significant spiritual journey with greater confidence and convenience."
Commenting on the partnership, Nasar Qureshi, CEO, 5th Pillar Family Takaful, remarked, "The Umrah Savings Plan has been designed to assist individuals and families achieve an significant life goal through a structured, Shariah-compliant savings framework. Our partnership with easypaisa enables us to reach customers at scale and deliver a seamless experience that combines protection, disciplined savings and travel facilitation under one ecosystem."
Meanwhile, the service offering further strengthens easypaisa's growing Islamic finance and Takaful portfolio, underscoring its commitment to delivering innovative, accessible, and Shariah-compliant solutions that support customers achieve both their financial and personal aspirations.
With over 60 million registered users and as the country's first digital bank to commence commercial operations, easypaisa remains aligned with the State Bank of Pakistan's vision to drive inclusive economic expansion. The firm continues to expand its range of financial products and services, catering not only to its existing users but additionally to millions who remain unbanked or underbanked.
In short, easypaisa and 5th Pillar Family Takaful Launch End-to-End Shariah is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
