CIMB Islamic and Takaful Ikhlas Aim for RM168 Million, 11% Y-O-Y Growth through Strategic Partnership

KUALA LUMPUR, Aug 7 (Bernama) — Takaful Ikhlas General Berhad (“Takaful IKHLAS”), a whollyowned subsidiary of MNRB Holdings Berhad and leading Islamic bank, CIMB Islamic Bank Berhad (“CIMB Islamic” or “the Bank”), today launched their strategic bancatakaful partnership to provide general takaful products and solutions to CIMB Islamic’s customers across retail, SMEs and commercial segments. The partnership’s joint growth target for the general Takaful business is RM168 million, or 11% y-o-y over the next five years.

The strategic partnership was launched by Eddy Azly Abidin, President & Chief Executive Officer of Takaful Ikhlas General Berhad and Rafe Haneef, Chief Executive Officer of CIMB Islamic.

http://mrem.bernama.com/viewsm.php?idm=35183

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