Takaful Ikhlas, CIMB Islamic target RM168m Takaful business from tie-up


Rafe Haneef, CEO, Group Islamic Banking, CIMB Group (third left); together with Eddy Azly Abidin, President & CEO of Takaful Ikhlas General Berhad (third right); Victor Lee Meng Teck, CEO, Group Commercial Banking, CIMB Group (first left); Mohd Din Merican, President and Group CEO, MNRB Holdings (second left); Daniel Cheong, Head Consumer Banking Malaysia, CIMB Bank Berhad (second right) and Jeffry Shah, Senior VP and Head of Bancatakaful, Takaful Ikhlas General Berhad at the strategic bancatakaful partnership launch to provide general takaful products and solutions to CIMB Islamic’s customers across retail, SMEs and commercial segments.

KUALA LUMPUR: MNRB Holdings Bhd's unit Takaful Ikhlas General Bhd and CIMB Islamic Bank Bhd launched their bancatakaful partnership to provide general takaful products and solutions to CIMB Islamic’s customers across retail, SMEs and commercial segments.

In a joint statement issued on Wednesday, they said the partnership’s joint growth target for the general Takaful business was RM168mil, or 11% year-on-year over the next five years.

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