Etiqa Insurance Singapore (Etiqa) and Maybank Singapore have launched 'Invest future', Singapore's first Takaful offering in over a decade. This Shariah-compliant investment-linked plan (ILP) caters to the growing demand for Islamic financial solutions in Singapore, providing sustainable wealth accumulation goals through ethical investment options.
New Shariah-compliant investment-linked product addresses the needs of customers looking for values-based insurance solutions; further strengthening the Group’s Islamic Wealth Management offerings- 6 January 2025 - Maybank ’s insurance arm, Etiqa Insurance Singapore , today jointly announced the launch of Invest future, Singapore ’s first Takaful offering in over a decade, with Maybank Singapore as its exclusive distributor.
“We are excited to lead the way in launching Takaful ILP as our inaugural Takaful product in Singapore, recognising that ethical investing is increasingly gaining traction among Singaporeans,“ said Raymond Ong, CEO of Etiqa Insurance Singapore. “”Our Takaful ILP promotes Shariah values of mutual cooperation and purposeful investing.
● Purposeful: Values-based insurance plans are aimed at sustaining protection for a group of individuals, rather than maximising profit. Wealth Preservation: Protects the accumulated wealth as aligned with Islamic principles through risk management and Takaful . ● Access to Shariah-compliant funds with investments from as low as S$200 per month with access to reputable, Shariah-compliant regional and global funds.
Maybank Etiqa Insurance Takaful Islamic Finance Singapore
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