Bank Muamalat Launches New Islamic Finance Initiatives, Empowers Women’s Well-Being, Legacy Planning

Kuala lumpur: Bank Muamalat Malaysia Bhd (Bank Muamalat) launched its new M-Zahra Takaful MyLadies and a Digital Faraid Calculator initiatives today, in conjunction with the Terengganu Financial Literacy Carnival 2026. According to BERNAMA News Agency, President and chief executive officer Datuk Khairul Kamarudin emphasized the growing role of women not only within the family but also as economic contributors and financial decision-makers. Khairul stated that Bank Muamalat aims to provide every woman with financial protection that supports their aspirations, well-being, and future security. 'M-Zahra Takaful MyLadies was developed not merely as an insurance product but as a comprehensive solution that understands the life journey and needs of today's women,' he said in a statement. The CEO further reiterated the bank's commitment to strengthening Islamic financial literacy through the launch of the Digital Faraid Calculator, a tool designed to offer more accessible and practical Shariah-compliant digital sol utions. Khairul highlighted the importance of good estate planning in ensuring assets are distributed fairly according to Shariah, preserving family harmony, and providing peace of mind to heirs. M-Zahra Takaful MyLadies is tailored to support women at every stage of life, offering financial protection, medical benefits, savings, and legacy planning aligned with modern women's aspirations and lifestyles. The Digital Faraid Calculator aims to assist the Muslim community in making preliminary estate distribution calculations easily, quickly, and accurately, adhering to Faraid principles and Shariah law. Bank Muamalat emphasizes its ongoing commitment to expanding access to inclusive, practical, and relevant Islamic financial solutions that meet contemporary needs for financial protection, family welfare, and legacy planning. For more information about M-Zahra Takaful MyLadies and the Digital Faraid Calculator, individuals are encouraged to visit www.muamalat.com.my or stop by any Bank Muamalat branch.