Takaful Ikhlas Initiatives

Takaful Ikhlas Sdn Bhd has projected a 20 per cent to 30 per cent increase in customers driven by bankatakaful product following its agreement with banks that are interested in collaborating in bankatakaful.

To date, its customers stood at 1.7 million and the company is in discussion with two banks in a bid to create bankatakaful products.

Takaful Ikhlas was expected to finalise discussions with the banks in the current financial year ending March 31, 2014, said its president and chief executive officer Ab Latiff Abu Bakar at the memorandum of understanding (MoU) signing ceremony between the company and Kolej Dar Al-Hikmah here today.

The MoU represents a cooperation between the two parties in an effort to increase knowledge related to finance and Islamic knowledge.

"Most of the learning programmes currently available in the market are diploma courses related to conventional insurance and we at Takaful Ikhlas feel compelled to pioneer this innovation with a strategic education partner, a Diploma Takaful programme that truly fits the specific needs of the takaful industry in Malaysia," he said.

He also said through the MoU, Kolej Dar Al-Hikmah would produce Diploma on part-time basis accompanied with confirmation from Takaful Ikhlas to employees and agency force who enrolled in the three-year learning course at the college.