FWD Takaful Berhad today announced the payment of RM634,987.96 in total zakat made to the Federal Territories Islamic Religious Council Zakat Collection Centre (PPZ-MAIWP).
The payment marks FWD Takaful’s first official zakat contribution, since entering the Malaysian takaful industry in 2019, underscoring its commitment as an Islamic financial institution.
This significant milestone reflects FWD Takaful’s 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.
During the mock cheque presentation ceremony, the symbolic cheque was presented by FWD Takaful’s Shariah Committee Member, Ismail Nik, to PPZ-MAIWP Deputy CEO, Azrin Abdul Manan.
This symbolised the fulfilment of FWD Takaful’s obligation in line with the mandate of its shareholders, Board of Directors and Shariah Committee.
“As 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 well-being of eligible asnaf while embedding social impact as a core part of how FWD Takaful grows sustainably,” said FWD Takaful CEO, Aman Chowla.
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. – June 16, 2026
