FWD Takaful and Arus Academy invite Malaysian youths to compete in Digital Financial Inclusion Challenge 2020

FWD Takaful is joining forces with Arus Education Sdn Bhd (Arus Academy) calling for 30 Malaysian youths to participate in the Digital Financial Inclusion Challenge 2020 (DFIC 2020), a three-week online programme and competition to explore innovative solutions to achieve financial inclusion for targeted communities through microtakaful.

The challenge aims to motivate youths to think about long-term takaful solutions as well as advocacy strategies. The participants, in teams of five, will then compete to deliver a proposal on how the adoption process of takaful can be designed differently for identified target groups, such as:
• single mothers
• entrepreneurs
• the disabled
• low-cost housing residents (PPR)
• university students or
• those financially impacted by COVID-19

Participants will explore financial inclusion frameworks as well as research and analyse global case studies. They will then use design thinking to ideate and build prototypes guided by mentors who are experts in the industry.

Registration for DFIC 2020 starts now and ends on 15 November 2020. The challenge is open to all Malaysian individuals aged 18 to 30 years old, particularly those who are currently studying, working or have high interest in Fintech, Economics, Finance, Shariah Law, Islamic Finance, Public Policy and Actuarial Science. The final presentation will be streamed live on multiple platforms, where viewers will be able to watch the final pitch and visit interactive sites to take part in the People’s Choice Award. Winning teams will have the opportunity to bring home cash prizes of up to RM5,000.

Visit challenge.fundfor.life for more information on how to participate in DFIC 2020. Follow FWD Takaful on Facebook (@fwd.takaful) and Instagram (@fwdtakaful) or visit fwd.com.my to know more about our campaigns. Alternatively, email contact.my@fwd.com or call 1300 13 7988.

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