Malaysia’s FWD Takaful Allocates MYR 1 Million to Assist Customers Affected by the COVID-19 Outbreak

Malaysia’s FWD Takaful (FWDT) has allocated a special fund to help its customers affected by the COVID-19 pandemic, offering a range of benefits for policyholders.

The Chief Executive Officer (CEO) of FWDT, Salim Majid Zain, emphasized that FWDT intends to change people’s perception of Takaful and hence the special fund has been allocated considering the wellbeing of its stakeholders.

According to the IslamicMarkets Takaful Monitor, FWDT will provide benefits to its certificate holders against hospitalisation and demise due to COVID-19. In addition, the fund will also provide benefits to its certificate owners in the event of diagnosis or death of their family members due...