SLIDE 1
Unique Features of Takaful
Concept of profit sharing
Mudarabah
Participants (Customers) are
Rabbul Mal
Based on
Islamic Principles Kafala (jointly
guarantee one another in the event
- f a loss)
WEBINAR 30 th APRIL 2020 Maysir UNIQUE FEATURES OF TAKAFUL - - PDF document
WEBINAR 30 th APRIL 2020 Maysir UNIQUE FEATURES OF TAKAFUL - - PDF document
WEBINAR 30 th APRIL 2020 Maysir UNIQUE FEATURES OF TAKAFUL COMPARED TO INSURANCE Concept of profit Based on sharing Islamic Principles Mudarabah Unique Features of Takaful Kafala ( jointly Participants guarantee one (Customers) are
SLIDE 2
SLIDE 3
MTA
Malaysia Takaful Association
Key Roles
Sustainably profitable and growing Takaful industry in Malaysia Inter-Takaful Operator Agreement (ITA) 18 Member Takaful Operators Agent Registration
ABOUT MALAYSIAN TAKAFUL ASSOCIATION (MTA)
SLIDE 4
LIST OF MTA MEMBERS
SLIDE 5
There are cases where it could cause death Potentially,
- ur customers
might need to be hospitalized
COVID-19 PANDEMIC
SLIDE 6
Total assets of RM10.3 billion at Group level as at 31 December 2019.
2019Awards
- The Edge BRC’s Highest
Growth In Profit After Tax Over3YearsAward
- The Edge BRC’s Highest
Return On Equity Over 3 YearsAward
- Innovation Award by
MTA
- Race for Cover Award by
MTA
- HR Asia Best Companies
ToWorkForInAsiaAward
- GraduateChoiceAward
Consistently rewarding Cash Back to our General Takaful customers for making no claims during the coverage period. Takaful Malaysia was incorporated
- n 29 November
1984, and commenced
- perations on
22 July 1985
ABOUT TAKAFUL MALAYSIA
SLIDE 7
OUR ESSENTIAL SERVICES DURING THE MCO Critical Functions Support Functions Essential Functions
- Customer Service
- Claims Processing
- Finance & Cash Management
- Information Technology
SLIDE 8
BENEFITS OFFERED DURING THE COVID-19 OUTBREAK & MCO
Participated in the Insurance and Takaful Industry's COVID-19 Test Fund (CTF) Initiated a COVID-19 Relief Program to offer eligible participants a deferment in family takaful contributions for 3 consecutive months Takaful myClick Term provides death benefit due to COVID-19. Our medical plan, Takaful myClick MediCare covers hospitalisation treatment due to COVID-19. Complimentary extension of coverage for COVID-19 under our Takaful myClick MozzCare at no additional costs for a lump sum cash payout of up to RM2,000 if tested positive.
SLIDE 9