MAA Takaful Bhd won the "Most Outstanding Takaful Product" for the MAA Takafulink product at the 6th KLIFF Islamic Finance Awards Ceremony 2009 held in Kuala Lumpur.
Winning the award is a significant achievement for MAA Takaful, being the youngest player in the takaful industry, the takaful operator said in a statement.
"We are glad to receive this award which is a result of the combined efforts of our dedicated staff and consultants who are instrumental in the development of takaful in Malaysia," said MAA Takaful chief executive officer En Salim Majid Zain.
He said it was the collaboration, co-operation and support of each one of them that has led us to the award.
"MAA Takaful has been and will always be at the forefront of Shariah-based innovations to accomplish our mission to enrich the lives of our customers through takaful solutions that provide peace of mind and solid financial security," he said. He also attributed the company's success to its choice of products as they are specifically designed to cater to current market needs. The award winning product, MAA Takafulink, was launched in July 2007. It is an investment-linked product, features complete and ideal takaful solutions to Malaysians who need takaful protection whilst enjoying the upside potential of the underlying investment. MAA Takafulink was also designed with the spirit of 1 Malaysia at heart and is well accepted by the public with more than 80,000 policies to date.