In: Economics
What is the PESTEL for Hong Leong MSIG Takaful Berhad ? is it opportunity or Threat ? please explain
Hong Leong MSIG Takaful Berhad (HLM Takaful) is a licensed company of insurance like products or takaful in malesiya since 2006.theTakaful Insurance mutual risk is shared amongst the participants, while under conventional insurance risk is transferred to insurer.
This company is a key component of Hong Leong Financial Group (HLFG).
This group is Malaysia’s Islamic financial services provider ,which provides Islamic Banking through platform, Islamic Investment etc under Shariah compliant basis.
This is an opportunity because it provides social Security net of different type for malesiya, s citizens at ease.through this type of welfare services people of malesiya are benefitted since 2006.
But sometimes it may offer threat as religion have become superiority day by day over fundamental and democratic values . And it's may increase influence of jehadist or Isis, etc through these policy., which are continue to spreading in Muslim world countries by mean of narrow minded ideology of religion supremacy .