Alliance Islamic Bank Berhad, a subsidiary of Alliance Bank Malaysia Berhad, has announced the introduction of the Alliance Family Takaful Investment-Linked Plan, a Shariah-compliant family takaful investment-linked product.
This product launch is a tripartite collaboration between Alliance Islamic Bank Berhad with Takaful Ikhlas Sdn Bhd (Takaful IKHLAS), a general and life takaful provider, and FWU Malaysia Sdn Bhd (FWU Malaysia), a subsidiary of German-based financial services provider, FWU Group.
The Alliance Family Takaful Investment-Linked Plan is a savings and investment plan that comes with family takaful coverage and is suitable for customers who wish to plan for their future financial needs such as for retirement, children's education or even solely for generating wealth purposes. This also serves to fill the gap of takaful provision and to meet the growing demand for Islamic banking and Takaful products.
"This partnership is in tandem with Bank Negara's promotion of Islamic Banking and Takaful in the country and supports the Government's overall aspiration to make Malaysia the regional hub for international Islamic banking, finance and insurance," said Tuan Haji Yahya Ibrahim, CEO of Alliance Islamic Bank.
"Alliance Bank is proud to lend the strength of our branch network in support of this collaboration," added Ronnie Lim, Head of Consumer Banking, Alliance Bank Malaysia Berhad. "We believe that this partnership offers a product suite that complements both our conventional and Islamic banking services."
No comments:
Post a Comment