KUALA LUMPUR, Oct 28 (Bernama) — The local Takaful industry remains positive in facing the COVID 19 pandemic that is hit our country this year, said the Malaysian Takaful Association (MTA).
“Living under the new norms, the industry came forward to ease the burden of the community. Among of the industry’s initiatives are RM 8 Million of Covid-19 Test Fund (MyCTF) by MTA, the Life Insurance Association of Malaysia (LIAM) and the Persatuan Insurans Am Malaysia (PIAM), the introduction of remote Takaful Basic Examination (TBE) by MTA and Islamic Banking and Finance Institute Malaysia (IBFIM), the 90-day deferment of premium/ contribution payment by MTA and LIAM, and additional benefits offered by Takaful operators to those who are affected by the pandemic” said the Chairman of MTA, Encik Muhammad Fikri Mohamad Rawi in his speech the virtual Takaful StarNite 2020 today.