Notice of Change of Concept from Mudharabah to Wakalah

We wish to inform you that the Takaful concept for this product has change from Mudharabah to Wakalah with effect from 1st January 2020. We are currently reviewing the Product Disclosure Sheet to reflect this change. To facilitate understanding on the change, you may click our Frequency Asked Questions (FAQs).

Change of Concept from Mudhrabah to Wakalah

Monday, 30th December 2019 - Insurans Islam TAIB Holdings Sdn Bhd is pleased to inform that the underlying Syariah concept governing our Takaful products will be changed from Mudharabah (partnership contract) to Wakalah (agency contract) with effect from 1st January 2020. The products included in the conversion of concept are:...