MTA Unveils 2025 Blueprint, Takaful Sustainability Report

KUALA LUMPUR, April 2 (Bernama) -- The Malaysian Takaful Association (MTA) has launched the 2025 Financial Sector Blueprint (FSB) and Sustainability Report for Takaful today, highlighting the industry’s progress in advancing financial inclusion, sustainability and digital transformation.

The report integrates environmental, social and governance (ESG) and value-based intermediation perspectives, in line with the industry’s Takaful framework, the Hijrah27 roadmap.

MTA chief executive officer Mohd Radzuan Mohamed said the report is guided by Bank Negara Malaysia’s Financial Sector Blueprint 2022–2026, which spans several sectors, including takaful.

He said the publication consolidates the 2025 Financial Sector Blueprint Report and the Sustainability Report for Takaful into a single, comprehensive document.

“One of the key pillars is the green economy, where we focus on sustainability aspects. As such, we are the first industry in the financial sector to produce a sustainability report at the industry level,” he told reporters at the launch on Thursday.

Meanwhile, he said financial literacy is among the core strategic thrusts outlined in the report, expressing hope that MTA’s initiatives will strengthen public understanding of its importance.

MTA has also collaborated with the Financial Industry Collective Outreach (FINCO) on the train-the-trainer personal financial management for teachers programme.

Building on FINCO’s existing initiative, MTA will enhance the content by incorporating elements of risk protection and takaful awareness, strengthening the overall financial literacy framework, it said in a statement.

“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,” Mohd Radzuan said.

He added that the initiative would create a multiplier effect, with educators acting as catalysts in shaping financially responsible future generations.

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).

The partnership aims to enhance the knowledge and capabilities of agency leaders, enabling them to better guide younger agents on their duties and responsibilities towards participants.

“To complement the PAMP programme, CIIF has developed the Leadership, Ethics and Amanah Development (L.E.A.D.) programme, which focuses on Shariah aspects that agency leaders should emphasise when mentoring juniors.

“Together, the PAMP and L.E.A.D. programmes are poised to nurture agency leaders who are highly professional, ethical, responsible and knowledgeable,” it added.

The L.E.A.D. programme extends PAMP by embedding Maqasid Shariah principles, ethical leadership and amanah into agency leadership practices.

-- BERNAMA