Takaful industry unveils VBIT agenda

(File pic): Malaysian Takaful Association (MTA) chairman Elmie Aman Najas said this framework is important in assisting the takaful industry to integrate the value-based principles seamlessly into their respective business.

KUALA LUMPUR: The local takaful industry has taken a big step forward in embracing value-based intermediation (VBI) agenda with the introduction of the VBI for Takaful (VBIT) framework on Wednesday.

In a statement, the Malaysian Takaful Association (MTA) said the framework encourages industry players to realise the Shariah objectives or Maqasid Shariah.