Three New Takaful Unit-linked Funds to Change Indonesia’s Takaful Landscape

Indonesia’s Takaful sector has welcomed three new unit-linked Islamic insurance funds which it hopes will increase the competitiveness of the country’s general insurance industry, as well as the Takaful sector.

Speaking at the debut of the three funds, Amana, Optima and Equita, President Director of Asuransi Takaful Keluarga (Takaful Keluarga), Arfandi Arief, noted that the current instability of the economic climate has intensified the need for financial protection and risk-managed investment planning.

These new funds would allow customer monies to be invested in instruments such as Islamic stocks, Sukuk, and Halal-guaranteed products for the purpose of long-term financ...