FWD Takaful Berhad | Insurance

Takaful is financial planning and protection that’s compatible with Islamic law.

Takaful concepts have always been practised in one form or another for most of the history of Islam. The word Takaful is derived from the Arabic verb kafala, which means to take care of one's needs.

If you take up a takaful certificate, your money or donation is pooled with that of others, and managed on your behalf by a takaful operator.

Losses are divided and liabilities are spread. Should someone suffer a covered loss, the payment of takaful benefit will be borne by a common pool of fund – known as ‘tabarru’ fund’.

So in effect Takaful is a co-operative for members of society based on the principles of solidarity, risk sharing and brotherhood.

Check out our FAQs if you would like to learn more about takaful!

FWD Takaful Berhad, Registration No. 200601011780 (731530-M) is a family takaful operator in Malaysia. Its shareholders are FWD Life Insurance Company (Bermuda) Limited (an FWD Group company), JAB Capital Berhad and Employee Provident Fund Board of Malaysia (EPF).We will leverage on FWD Group’s pan-Asian experience to develop and offer takaful solutions to consumers in Malaysia.

About FWD Group
FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets.

FWD is focused on creating fresh customer experiences, with easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD aims to become a leading pan-Asian insurer that changes the way people feel about insurance.

Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group.

Strong Financial Position

FWD Group manages more than US$30 billion in assets as of 31 December 2018.