Takaful Malaysia Keluarga Berhad and its subsidiary, Takaful Malaysia Am Berhad, have officially announced a bancatakaful partnership with Bank Muamalat Malaysia Berhad, a prominent Islamic bank in Malaysia.
This strategic collaboration grants Takaful Malaysia access to Bank Muamalat’s extensive customer base, branch network, and sales force, facilitating an expansion of product offerings for both entities.
Takaful Malaysia Group Chief Executive Officer, Nor Azman Zainal, expressed enthusiasm about this collaborative venture, emphasising the commitment to providing comprehensive financial solutions.
The partnership aims to enhance customer experience by offering a broad range of family takaful products, spanning from credit-related to advisory and various general takaful products.
The bancatakaful partnership underscores the commitment of Takaful Malaysia and Bank Muamalat to meeting diverse customer needs and delivering financial security through an array of protection solutions managed by Takaful Malaysia.
Bank Muamalat President and CEO, Khairul Kamarudin, highlighted the significance of this partnership in advancing their goal of becoming the strongest Islamic bank in Malaysia.
The collaboration not only expands product offerings but also reaffirms their commitment to financial inclusion, ensuring a comprehensive array of protection solutions for their diverse customer base.
Nor Azman Zainal concluded by emphasising the substantial growth opportunities in the bancatakaful business. The strategic alliance demonstrates their dedication to leveraging capabilities for the benefit of Bank Muamalat’s customers, emphasising a shared commitment to values and a move to penetrate the retail segment further while maintaining a leading position in the credit-related business. The collaboration aims to achieve new heights and deliver exceptional value to customers and stakeholders.
