FWD Takaful Berhad today announced the payment of its total zakat on business amounting to RM634,987.96made to Pusat Pungutan Zakat \u2013 Majlis Agama Islam Wilayah Persekutuan (PPZ-MAIWP). The payment marks FWD Takaful\u2019s first official zakat contribution, since entering the Malaysian takaful industry in 2019, underscoring its commitment as an Islamic financial institution.<\/p>\n\n\n\n
This significant milestone reflects FWD Takaful\u2019s strong commitment to ethical business practices and social responsibility, beyond commercial objectives. The zakat fund is expected to benefit eligible asnaf communities through various welfare and development programmes administered by PPZ-MAIWP.<\/p>\n\n\n\n
During the mock cheque presentation ceremony, the symbolic cheque was presented by FWD Takaful\u2019s Shariah Committee Member, Ismail bin Nik to PPZ-MAIWP Deputy CEO, Tuan Haji Azrin Dato\u2019 Haji Abdul Manan, symbolising the fulfilment of FWD Takaful\u2019s obligation in line with the mandate of its shareholders, Board of Directors and Shariah Committee.<\/p>\n\n\n\n
\u201cAs an Islamic financial institution, fulfilling our zakat obligation is both a responsibility and a privilege. This first official zakat payment reflects our commitment to conducting business with integrity, compassion and purpose, in line with the guidance of our shareholders, Board and Shariah Committee. We believe zakat is a powerful mechanism to uplift communities, and we hope to contribute meaningfully to the wellbeing of eligible asnaf while embedding social impact as a core part of how FWD Takaful grows sustainably,\u201d says Aman Chowla, CEO of FWD Takaful. <\/p>\n\n\n\n
FWD Takaful first entered the Malaysian takaful industry in 2019 and has grown steadily in market rank, from #10 in 2019 to #5* in Q1 2026. Despite a challenging year for the family takaful industry in 2025, FWD Takaful delivered a strong performance by prioritising inclusive growth, trusted customer relationships and meaningful societal impact. As part of its sustainable growth strategy, the company has affirmed its commitment to make zakat payment a continuous annual practice, as part of its broader role in supporting community wellbeing and inclusive growth.<\/p>\n","protected":false},"excerpt":{"rendered":"
FWD Takaful Berhad today announced the payment of its total zakat on business amounting to RM634,987.96made to Pusat Pungutan Zakat \u2013 Majlis Agama Islam Wilayah Persekutuan (PPZ-MAIWP). The payment marks FWD Takaful\u2019s first official zakat contribution, since entering the Malaysian takaful industry in 2019, underscoring its commitment as an Islamic financial institution. This significant milestone […]<\/p>\n","protected":false},"author":5,"featured_media":7623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,39],"tags":[],"class_list":["post-7622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","category-news"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/7622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=7622"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/7622\/revisions"}],"predecessor-version":[{"id":7624,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/7622\/revisions\/7624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media\/7623"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=7622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=7622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=7622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}