Bank Islam Malaysia and Syarikat Takaful Malaysia Keluarga have renewed their strategic partnership, signing a five-year Bancatakaful service agreement.

The agreement aims to provide Bank Islam customers with enhanced financial security through access to Takaful Malaysia’s takaful products, including Takaful mySmart Wealth Plus, Takaful myPrime Cover, and Takaful mySmart Legacy.

Dato‘ Mohd Muazzam Mohamed, Group CEO of Bank Islam, said,

‘’Bank Islam customers can now obtain takaful products offered by Takaful Malaysia through all sales channels at Bank Islam branches nationwide.’’

Takaful Malaysia Group CEO, Nor Azman Zainal said‚

‘‘Takaful Malaysia will continuously strengthen its strategic cooperation with Bank Islam by offering a variety of comprehensive and Shariah-compliant protection plans for customers.

We firmly believe that the synergy and expertise shared with Bank Islam will strengthen our business portfolio in the family and general takaful segments. It aligns with our business strategy to explore new opportunities and expand our reach to potential markets.”

The signing ceremony also included an iftar session with 51 asnaf from the Klang Valley, who received a total of RM30,200 in donations.

This included RM10,000 in zakat wakalah funds for two charity homes and RM10,200 distributed directly to the asnaf in attendance.

Featured image: (From left) Dato’ Mohd Muazzam Mohamed, Group CEO Bank Islam; Mizan Masram, Group Chief Business Officer – Group Retail Banking Bank Islam; Firozdin Abdul Wahab, Chief Bancatakaful Officer Takaful Malaysia and Nor Azman Zainal, Group CEO Takaful Malaysia