The launch of the 2025 FSB and Sustainability Report for Takaful reinforces the industry’s commitment to ethical growth, financial literacy, and leadership development.
The Malaysian Takaful Association (MTA) today reinforced its commitment to sustainability and talent development through a series of strategic industry initiatives and collaborations, marking a significant step forward in the industry’s transformation under the Hijrah27 agenda.
The announcement was made in conjunction with the launch of the 2025 Financial Sector Blueprint (FSB) and Sustainability Report for Takaful, which highlights the industry’s progress in advancing financial inclusion, sustainability, and digital transformation.
Since the release of the FSB Interim Report in 2023, the Takaful industry has implemented over 30 initiatives across five strategic thrusts, aligned with national priorities and Value-Based Intermediation for Takaful (VBIT), while contributing to 17 Sustainable Development Goals (SDGs). The industry has also strengthened its sustainability and digitalisation efforts.
The report is an industry-wide report issued by the MTA to present the collective progress, outcomes, achievements and impact of the Takaful industry under the Financial Sector Blueprint 2022–2026. The report also integrates sustainability, ESG, and value-based intermediation perspectives, aligned with the Hijrah27 roadmap.
“As the Takaful industry evolves, sustainability and talent will be key drivers of long-term growth,” said Encik Shahrul Azlan Shahriman, Interim Chairman of MTA. “Our focus is to ensure that the industry not only delivers value, but does so with strong ethical foundations and a future-ready workforce.” The report is available at the official MTA website, www.takaful4all.org
A key initiative under this effort is MTA’s collaboration with the Financial Industry Collective Outreach (FINCO) on the Train-the-Trainer (TTT): Personal Financial Management for Teachers Programme. Building on FINCO’s existing programme, MTA will enhance the content by incorporating elements of risk protection and Takaful awareness, strengthening the overall financial literacy framework.
“The programme aims to equip educators with the knowledge and confidence to manage their personal finances, while enabling them to deliver more holistic financial education, including protection awareness, to students in schools.” Said Encik Mohd Radzuan Mohamed, Chief Executive Officer of MTA.
“This initiative creates a multiplier effect, where educators become catalysts in shaping financially responsible future generations,” added Encik Mohd Radzuan.
In parallel, MTA is collaborating with the Asian Institute of Insurance (AII) and the Chartered Institute of Islamic Finance Professionals (CIIF) on the Professional Agency Management Programme (PAMP), which aims to elevate the knowledge and capabilities of agency leaders, enabling them to better guide and advise the younger generation of agents on their duties and responsibilities towards participants. To complement the PAMP programme, CIIF has developed the L.E.A.D. programme, which focuses on the Shariah aspects that agency leaders should emphasise when mentoring their juniors. Together, the PAMP and L.E.A.D. programmes are poised to nurture agency leaders who are highly professional, ethical, responsible, and knowledgeable.
Together, these initiatives support MTA’s strategic priorities under Hijrah27, particularly in advancing Meaningful Awareness and High Calibre Talent, while strengthening the industry’s role in responsible and inclusive finance.
In the spirit of Syawal, the event concluded with a Raya gathering, fostering closer ties and strengthening collaboration across the Takaful ecosystem.
