Revolutionizing takaful industry

For years, industry treated takaful as a “shariah compliant” insurance products but still adapting insurance sales technique and mafia attitude against the essence of joint-guarantee spirit. But not anymore. By adapting the principles of “Backwards Law” by Alan Watts from typical human financial behavior into our ecosystem, people could live their life without having anxiety on financial circumstances.

Why we are here.

We believe that everyone should have access to a better quality lifestyle. To ensure our loved one's lives comfortably and safe, we want them able to live their life peacefully — while we are having a dinner with family, shopping a gift for celebration or contribute for charity with tailored protection based on our lifestyle. By eliminating the barriers between our spending and financial protection anxiety, we could bring a better solution for our lifestyle protection.

We aim to reduce typical sales commission fee and to revolutionized the entire insurance/takaful industry with the true essence of joint-guarantee values which also could boost the economy within community while assimilating alfoundation.my’s values:

Contribution of value

From exchanging value into contributing value

Be true to who you are

Live your life, spend and protect your own identity

Be just to who you are

Be kind and just to ourselves and our loved ones.

How does this work?

Become a Member

Joint-Guarantee alliance membership. We build this and protect among us together.

Spend

Spend uniquely based your own lifestyles within credit card/wallet limit on our payment network.

Interact

Everything in the App from your AI based protection recommendation into membership rewards

What the solutions?

Better by together

Deep down in our heart we know better for ourselves but we let other determine for us and I just want to give that freedom. Freedom for individuality.

Sometimes to help yourself, you may need to help others. And that bring “takaful” or joint-guarantee alliance which deliver the beautiful concepts but rather being manipulated by “mafia” and loss of the true essence in values.

I know my place and might not the one who could develop and build this. 
But you are,
and by together we could create a better world


Inspired from the first article in alfoundation.my

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