Personal Takaful Walady Education Plan
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Walady Education Plan

Secure your child’s future with a long-term education plan that supports every stage of their academic journey coupled with a Takaful protection.

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Walady Education Plan details

Dedicated child education plan: Build a long-term fund for your child, support their aspirations, and stay protected from rising education costs

Built-in Takaful protection: Your child’s education fund keeps growing, even if death or disability disrupts your contributions

Multiple payment options: Choose annual, semi-annual, quarterly, or monthly contributions to suit your financial needs

Flexible term and contribution: Set up a preferred payment period and contribution to align with your child's educational goals

Customizable education plan: Modify your Takaful's term or contribution as your child reaches new academic milestones

24x7 digital access: Track and manage your contribution and Takaful coverage through the QIB Mobile App

Disclaimer:
The product is designed and underwritten by Medgulf Takaful. It contains general information and does not constitute an offer to buy or sell a Takaful plan or service, nor is it intended to provide any financial advice. Any person interested in this plan should read and consider its complete Terms and Conditions before making a decision. Medgulf Takaful shall conduct the underwriting of any contract relating to Takaful products. The execution of any such contract is subject to Medgulf’s prior approval. Please request further information from your Relationship Manager at QIB.

Medgulf Takaful – QFC Branch Al Emadi Business Center office # 7, Ground Floor, C Ring Road, Doha, Qatar PO Box 200193 Authorized by Qatar Financial Center Regulatory Authority.

Terms and conditions: Explore Terms and conditions now.

Apply at the bank: Visit your nearest QIB branch to apply for the Walady Education Plan. You can also contact your Relationship Manager.

Call us at 44448444 for more information about the childs’ education plan.

Secure your child’s education journey with QIB Walady Education Plan

Apply in 3 simple steps

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  • Branch visit
    Person using a smartphone while preparing to visit a QIB branch as part of the Walady Education Plan process.

    Visit the nearest branch near you.

  • Submit documents
    Close-up of hands holding a smartphone to review or submit required documents for the Walady Education Plan.

    Submit QID (parent and the child) and your child’s education documents, if any.

  • Fill in the application form
    Individual filling an application form on a smartphone as part of the Walady Education Plan enrollment steps.

    Complete the required fields with your personal information, including your name, contact details, and any other relevant information. Our team will get back to you.

Recommended best practices

Reliable methods that provide you the best outcomes include:

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Customizing your coverage
Tailor your Walady education plan to align with your personal requirements and financial capacity.
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Reviewing regularly
Ensure that your Walady Education Plan continues to reflect your current circumstances and coverage needs.
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Utilizing online tools
Access policy documents, file claims, and review coverage via the QIB Mobile App.

Frequently asked questions

Walady Education Plan is a long-term savings and investment solution, thoughtfully designed to support your child’s educational journey. Coupled with Takaful protection for parents, this plan enables you to:
· Grow your savings steadily over time
· Ease the financial burden of rising education costs
· Ensure continuity of your child’s education plan, even when you face an unforeseen circumstance

Your regular payments are directed into Sharia-compliant investments, enabling you to benefit from possible gains. Over time, these profits, along with your accumulated savings, grow into a substantial amount payable at the end of the plan’s term, supporting you in planning for child education in a systematic way.

Yes, you have the option to adjust both your contribution and Takaful protection according to your child’s growing academic needs.

Yes, your Takaful protection ensures your child’s education plan remains secure.

If something unfortunate happens to a parent, the built-in Takaful coverage steps in and takes care of future contributions, ensuring that your child’s education plan stays on track until the end of the term.
A recommended best practice is to review your Takaful coverage regularly to ensure it aligns with your child’s evolving education needs.

Yes, your Takaful protection will make contributions to your child’s education plan in event of death or permanent disability.

Yes, you can change the contributions anytime, anywhere via the QIB Mobile App.

Yes, the plan can also accommodate overseas education, as long as you’ve contributed sufficiently and opted for a Takaful coverage, accordingly. This makes Walady one of the best child education plans in Qatar.