Syarikat Takaful launches first investment-linked product, BUSINESS TIMES

Business Times (Malaysia)

02-27-2003

SYARIKAT Takaful Malaysia Bhd yesterday launched Malaysia's first
investment-linked takaful, Pelan Takaful Dana Saham.
Under Takaful Dana Saham, money will be invested in the market and
profit divided according to the principle of Al Mudharabah.
Takaful Dana Saham, which is Syariah-based, offers customers two types
of savings, namely Tabung Istiqrar and Tabung Ittizan.
Tabung Istiqrar involves long-term low-risk investment with relatively
lower returns, while Tabung Ittizan offers a balanced high-