Etiqa Philippines, a leading life and general insurance provider and Maybank Group member, officially launched Takaful following successful regulatory and product approval milestones. The Grand Launch Event was held July 10, 2025, at Grand Hyatt Manila, Bonifacio Global City.
The landmark event brought together government dignitaries, industry leaders, and partners to mark a historic step in the country’s insurance landscape. Key attendees included Fauziah Hisham, Chairperson, Etiqa International Holdings; Mohd Din Merican, Chairman, Etiqa Philippines Board; His Excellency Dato’ Abdul Malik Anthony, Ambassador of Malaysia to the Philippines; Kamaludin Ahmad, Group CEO Etiqa Insurance & Takaful; Anthony Lou Bernabe, President and CEO Etiqa Philippines; and Attorney Jayson P. Lopez, Deputy Commissioner, Insurance Commission.
Takaful, rooted in ethical and Islamic principles, emphasizes mutual risk-sharing and shared responsibility. Participants contribute to a pooled fund supporting members in need, with surplus redistributed equitably. Investments align exclusively with environmental, social, and governance (ESG) principles—excluding gambling, tobacco, and alcohol industries.
“Today marks a meaningful milestone, not just for Etiqa, but for Philippine insurance industry. With Takaful, we are bringing a more inclusive, ethical and affordable way of protecting Filipinos,” said Anthony Lou Bernabe, President and CEO of Etiqa Philippines. “We are proud to be among the pioneers of Takaful in the Philippines – reaffirming our vision of financial inclusivity.”
Etiqa Philippines recently received regulatory approval for its flagship Takaful Personal Accident product—providing affordable protection with benefits for accidental death, permanent disability, medical expenses, and hospital cash allowance. The product demonstrates the company’s commitment to accessible protection, especially for those seeking Shariah-compliant solutions.
The company aims to expand its Takaful portfolio with additional Non-Life and Life products through 2026.
With over two decades pioneering Takaful across ASEAN, particularly in Malaysia and Singapore, Etiqa brings deep heritage and trusted expertise to Filipino consumers, promoting community well-being and financial dignity nationwide.
