KUALA LUMPUR: My E.G. Services Bhd (MyEG) has entered into a memorandum of understanding (MoU) with A Tech Insure Sdn Bhd for motor vehicle takaful coverage.
In a filing with Bursa Malaysia, MyEG said the MoU was to provide civil servants with a platform to purchase motor vehicle takaful coverage together with road tax renewal by way of an interest-free Shariah-compliant Qard loan facility that enables installment payments via a salary deduction plan of up to 10 months.
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