Bank partnerships a boon for Takaful Malaysia


PETALING JAYA: Syarikat Takaful Malaysia Keluarga Bhd is expected to continue benefiting from the company’s bancatakaful partnerships with major lenders, underpinned by extensive retail banking franchises and financing pipelines as the takaful operator pushes to diversify beyond traditional credit-related products.

Kenanga Research said the company’s partnerships with RHB Bank Bhd and Bank Islam Malaysia Bhd would continue supporting growth momentum moving forward, particularly through mortgage and financing-related takaful products.

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