AIA Malaysia forms joint venture with Alliance Bank

6 September 2010 | 1 minute read

  American International Assurance Malaysia has formed a joint venture with Alliance Bank Malaysia to offer a range of takaful savings, protection and investment products which will be developed specifically for customers in Malaysia. (Takaful is an Islamic insurance concept in Islamic banking transactions.) AIA has received the approval from Bank Negara Malaysia to operate Family Takaful license business. According…

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