MNRB partners MBSB in takaful offerings

PETALING JAYA: Takaful Ikhlas Family Bhd and Takaful Ikhlas General Bhd, wholly owned subsidiaries of MNRB Holdings Bhd, have launched a five-year bancatakaful partnership with MBSB Bank Bhd.

The partnership will see both takaful companies becoming the preferred bancatakaful partners to MBSB Bank providing its customers with innovative and comprehensive family and general takaful solutions, according to a statement yesterday.

In terms of business, the partnership is expected to generate in excess of RM500mil takaful contribution to Takaful Ikhlas and increase MBSB Bank’s fee-based income.