Benefits of VBIT
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How VBIT Closes Protection Gap in Malaysia’s Modern Society
Introduction Malaysia’s takaful industry has made tremendous progress over the past two decades, yet a significant challenge remains — the protection gap. Despite a rising awareness of Islamic insurance, a large segment of Malaysians, especially from the B40 and gig economy groups, still lacks adequate protection against life, health, and income risks. The Value-Based Intermediation
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Empowering Communities Through Value-Based Takaful
Introduction Takaful has always been more than just a financial product — it is a social contract built on compassion, cooperation, and mutual responsibility. Yet, as Malaysia’s financial system evolves, so must the meaning of protection. The introduction of Value-Based Intermediation for Takaful (VBIT) has given new life to the original spirit of takaful by