Takaful IKHLAS wins Most Innovative Product award
Nov 25th, 2008 by Takaful
Source: Bernama, 25th November 2008
Takaful Ikhlas Sdn Bhd won the award for the Most Innovative Takaful Product given in conjunction with the 5th Kuala Lumpur Islamic Financial Forum 2008 (KLIFF 2008) held here last week.
The award was for its IKHLAS Medic Assist Takaful (IMAT) product.
President/Chief Executive Officer of Takaful Ikhlas, Syed Moheeb Syed Kamarulzaman said the award was an honour for the company as it was the first time it was receiving the award after KLIFF was started five years ago.
Although it has been only five years since Takaful Ikhlas entered the takaful or Islamic based insurance industry, the award it has won for one of its 78 products signifies a major milestone for the company, he said.
It shows that although the company is relatively new, its products are at par with other big companies who have been active in the business for a longer time.
Syed Moheeb said that among the special features of IMAT, a hospitalisation and surgery plan, was its low contribution level compared with other products in the insurance and takaful industry.