Takaful product from Malaysia Airlines

Company brief

Malaysia Airlines Bhd (MAB) has become the first Malaysian airline to offer passengers takaful insurance protection, with the launch of MHinsure Travel Takaful. Launched in collaboration with Etiqa and Cover-More, the product enables customers of the airline to purchase travel protection when they buy their tickets to fly; it has been developed in response to what MAB Group CEO Izham Ismail describes as a high demand for Shariah-compliant insurance products.

“We are excited to launch a comprehensive product that complies with Shariah law and at the same time offers our Muslim and non-Muslim customers comprehensive takaful travel protection with outstanding assistance services,” said Ismail.

As well as offering the same benefits that a traditional travel insurance product would provide, this coverage also offers protection for Islamic pilgrimages. It is underwritten by Etiqa, with Cover-More covering the assistance side.