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.
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:
From exchanging value into contributing value
Live your life, spend and protect your own identity
Be kind and just to ourselves and our loved ones.
Joint-Guarantee alliance membership. We build this and protect among us together.
Spend uniquely based your own lifestyles within credit card/wallet limit on our payment network.
Everything in the App from your AI based protection recommendation into membership rewards
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.
Inspired from the first article in alfoundation.my
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