Takaful IKHLAS began carving its mark in the Takaful industry on 18 September 2002 through Takaful Ikhlas Sdn Bhd and was later converted to Berhad on 5 May 2014. Takaful IKHLAS is principally involved in the provision of Financial protection services, based on principles and rulings of Shariah.
Takaful Ikhlas Berhad had on 30 November 2018 announced the conversion of its composite Takaful license into two entities to manage its Family and General Takaful businesses separately. This conversion is in accordance with the legislative requirement under the Islamic Financial Services Act, 2013 (IFSA).
Takaful Ikhlas Berhad is renamed to Takaful Ikhlas Family Berhad (Takaful IKHLAS Family) (Company No.: 593075-U) and manages the Family Takaful business. Its General Takaful business is being managed by a new entity, Takaful Ikhlas General Berhad (Takaful IKHLAS General) (Company No.: 1233870-A).
Takaful IKHLAS offers a comprehensive range of Family and General Takaful products.
Both Takaful IKHLAS Family and Takaful IKHLAS General are wholly owned subsidiaries of MNRB Holdings Berhad.
In principle, Takaful system is based on mutual co-operation, responsibility, assurance, protection and assistance between groups of participants. In other words, it is the provision of shared contributions to help those who are in need.
The Benefits of Takaful
Through the spirit of cooperation and joint-responsibilities among participant, the act of charity and benevolence allows participants the opportunity to obtain two forms of benefit. First the monetary benefits through the Takaful plan itself. Secondly the “benefits” in the spiritual sense, through the act of Tabarru’ (donation), participants will receive God’s grace and blessings in life Hereafter. The Takaful system does not differentiate color or creed; it is meant to benefit all participants, irrespective of their religious beliefs.
Investment-Linked / Term Takaful