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Motor Takaful - About the company

Motor Takaful is an unfunded company based in Kuala Lumpur (Malaysia), founded in 2009. It operates as an Internet-first motor insurance service. Motor Takaful has not raised any funding yet. The company has 12 active competitors, including 1 that is funded. Its top competitors include companies like MotionsCloud, Bjak and iLyF.

Company Details

MotorTakaful is an internet-first insurer focused on providing 'Takaful' (Mutual insurance system complying with the sharia laws) motor insurances in Malaysia. Users can buy/renew their motor coverage and manage their policies through the online platform. Offers rebates on no-claim insurance renewals, road tax renewals, and online claim approvals. Additionally, it offers a 24-hour roadside assistance when users subscribe to its Driver and Passengers' PA (DPPA) policy. The company has won the award of Best Takaful Operator in 2016 for having the fastest turnaround time in motor claims approval.
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Phone Number
+60 **********
Part Of
Key Metrics
Founded Year
2009
Location
Kuala Lumpur, Malaysia
Stage
Unfunded
Ranked
Employee Count
25 as on May 31, 2026
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Motor Takaful's funding and investors

Motor Takaful has not raised any funding rounds yet.

Motor Takaful's founders and board of directors

Founder? Claim Profile

Motor Takaful's employee count trend

Motor Takaful has 25 employees as of May 26. Here is Motor Takaful's employee count trend over the years:
Employee count trend for Motor Takaful
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Motor Takaful's Competitors and alternates

Top competitors of Motor Takaful include MotionsCloud, Bjak and iLyF. Here is the list of Top 10 competitors of Motor Takaful, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for MotionsCloud
MotionsCloud
2016, Mannheim (Germany), Seed
AI-based insurance claims adjustment solutions for the insurance industry
$2.04M
40/100
2nd
Logo for Bjak
Bjak
2019, Petaling Jaya (Malaysia), Funding Raised
Provider of online vehicle insurance and related services
-
34/100
3rd
Logo for iLyF
iLyF
2021, Kuala Lumpur (Malaysia), Unfunded
Mobile application for drivers to compare, buy, and manage insurance
-
-
29/100
4th
Logo for Roadtax
Roadtax
2022, Kota Tinggi (Malaysia), Unfunded
Platform enabling individuals to renew road tax and insurance for vehicles
-
-
24/100
5th
Logo for CTOS
CTOS
2022, Kuala Lumpur (Malaysia), Unfunded
Online comparison platform for car insurance
-
-
24/100
6th
Logo for Motor Takaful
Motor Takaful
2009, Kuala Lumpur (Malaysia), Unfunded
Internet-first motor insurance service
-
-
21/100
7th
Logo for CXZ Telematics
CXZ Telematics
2016, Melbourne (Australia), Deadpooled
Cloud-based platform for vehicle maintenance
-
-
19/100
8th
Logo for DraVa
DraVa
2016, Cyberjaya (Malaysia), Deadpooled
Provider of smartphone-based telematics information for automobile insurance
-
-
17/100
9th
Logo for Roadtax Plus
Roadtax Plus
Kuala Lumpur (Malaysia), Unfunded
Internet first provider of vehicle insurance services
-
-
16/100
10th
Logo for BIRU
BIRU
2023, Shah Alam (Malaysia), Unfunded
Provider of insurance solutions for road users
-
-
16/100
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Motor Takaful's Investments and acquisitions

Motor Takaful has made no investments or acquisitions yet.

FAQs about Motor Takaful

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