THE recent graduation of Takaful Brunei’s staff and officers signified a historic milestone for Takaful Brunei as the first group of employees were professionally certified for Islamic Financial Planners (IFP).
The 10 graduates of Takaful Brunei came from one of its subsidiaries, Takaful Brunei Keluarga Sdn Bhd (TBK), which specialises in products such as saving endowment, term life and medical protection.
The TBK employees have graduated from Islamic Banking and Finance Institute Malaysia’s (IBFIM) Islamic Financial Planners (IFP), marking a significant growth in Takaful Brunei’s service as providers of Takaful protection and financial planning services to the people of Brunei Darussalam.
The graduation event was held at the Royal Berkshire Hall, Royal Brunei Polo and Riding Club. The certificates were presented by the Minister of Education, Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr) Haji Awang Abu Bakar bin Haji Apong. Also present to give a speech was the Acting Managing Director of Syarikat Takaful Brunei Darussalam Sdn Bhd (Takaful Brunei), Haji Shahrildin bin Pehin Dato Haji Jaya.
Takaful Brunei’s Acting Managing Director, Hj Shahrildin bin Pehin Dato Haji Jaya said, “The beauty of Islamic finance and in particular the concept of Takaful is its noble and simple objective of mutually helping one another. Islam advocates doing good deeds in this worldly life which will be recorded and brought forward to the hereafter. Insya Allah, participating in Takaful is one of the avenues that fulfils this teaching. This is the beauty of Islamic Finance which systematically and simultaneously allows the individual to fulfil their religious, financial and social duties together.”
Takaful Brunei was formerly established in 2010, as a result of the merger of two former Takaful companies and the years of experience and knowledge the respective workforce has synergised provided positive strength for Takaful Brunei.
The company believes that human capital is the foundation pillar of a successful organisation, and strengthening that pillar will always be a continuing effort to achieving long-terms goal and materialising its vision.
Takaful Brunei undertook the IFP scheme in collaboration with BIBD to strengthen their workforce’s capabilities and raising the standards of financial advisory services in Brunei Darussalam. The increased level of advisory services to all Takaful Brunei customers is an opportunity to further help customers with holistic financial solutions on top of providing them with existing beneficial Takaful products to realise their long-term or short-term financial goals.
Through the professional certification, Takaful Brunei instils more confidence in its workforce and ensures its customers will be equally more confident with their service standards.
TBK Deputy General Manager, Hajah Mahana binti Hj Ajak, said the company’s priority is to equip all officers and sales staff with certification to promote financial products. With the knowledge they acquire, they can educate consumers about the importance of financial planning as a whole, and not just Takaful.
The Islamic Financial Planner is an eight-month professional qualification programme developed in collaboration with IBFIM and Financial Planning Association of Malaysia (FPAM), in which more than 30 personnel from both BIBD and Takaful Brunei participated to develop their expertise in financial planning and wealth management.
When asked about how the IFP certification can help both individuals and customers, TBK Assistant General Manager, Haji Maszaiwardy bin Haji Masri said, “Being a certified IFP, I can plan my own future financial goals whether short-term or long-term and help my customers to plan their financial needs. Other than that, I can educate the customers on the important financial topics like risk management, investment, zakat and estate planning and more.”
The IPF programme was specially designed for professionals and executives serving in the retail segment of the Islamic financial market.
As innovative Islamic financial products continue to thrive and improve along with the increasing standards required by sophisticated Muslim customers, so does the need for Takaful Brunei to raise the standards of the Takaful industry competency and the principles and moral values of its workforce as financial planning professionals.
As stated by TBK Senior Executive Officer, Amal Fitriyah binti Rahim, “TBK’s vision is to become the market leader for financial protection and wealth growth. Takaful is a business where we make people’s financial burdens our business. Our core principle is to help them during tight times. Not only are we providing them with protection tools to reduce their financial burdens, but we are also helping people to achieve their financial goals.
“There is one special feature shared by Takaful and IFP – Islamic values. Not merely focusing on generating wealth, IFP taught us to value life and wealth as means to achieve eternal success (Al-Falaah). This concept is what defines and differentiates a market leader from the rest.”