10/06/2026
๐ฒ๐พ ๐๐ ๐ ๐ฎ๐น๐ฎ๐๐๐ถ๐ฎ ๐บ๐ผ๐๐ฒ๐ ๐๐ผ๐๐ฎ๐ฟ๐ฑ๐ ๐ฏ๐ฒ๐ฐ๐ผ๐บ๐ถ๐ป๐ด ๐ฎ ๐๐๐ฝ๐ฒ๐ฟ-๐ฎ๐ด๐ฒ๐ฑ ๐๐ผ๐ฐ๐ถ๐ฒ๐๐, ๐ฒ๐ป๐๐๐ฟ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ฒ๐น๐น-๐ฏ๐ฒ๐ถ๐ป๐ด ๐ผ๐ณ ๐ผ๐๐ฟ ๐ฒ๐น๐ฑ๐ฒ๐ฟ๐น๐ ๐ฝ๐ผ๐ฝ๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐ถ๐ ๐ฏ๐ฒ๐ฐ๐ผ๐บ๐ถ๐ป๐ด ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ถ๐ป๐ด๐น๐ ๐ถ๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐.
According to data highlighted in a recent study, ๐ฏ๐ฎ% of Malaysians above the age of 65 fall into the Bottom 40 (B40) category, leaving them highly vulnerable to rising medical costs and financial insecurity. When traditional takaful and insurance products are tailored primarily for individuals under 65, our seniors are left financially underserved just when they need support the most.
The study highlights how Islamic social finance can play a meaningful role in addressing the challenges of an ageing population while promoting inclusivity, compassion, and long-term community well-being.
Muneeza A, Kunhibava S, Mohamed I, Mustapha Z (2025), "Empowering the elderly: a cash waqf Takaful model for enhanced provision and protection in Malaysia". International Journal of Islamic and Middle Eastern Finance and Management, 18, 1, 68โ90, doi: https://doi.org/10.1108/IMEFM-02-2024-0114
Read more of this study in INCEIF Knowledge Repository (IKR) (URI: https://ikr.inceif.edu.my/handle/INCEIF/4105). Please log in with your user credentials to read the full-text.
