Business Takaful

Source: Bernama, 22nd June 2009

Syarikat Takaful Malaysia Bhd (Takaful Malaysia), which has RM4 billion in assets, aims to be the largest takaful insurer in the country in terms of assets within two years.

Group managing director, Datuk Hassan Kamil, said Takaful Malaysia, which has 400,000 policyholders, was in second position after Etiqa Takaful Bhd.

He said the company hoped to sign up at least 10 percent more policyholders within a year of the launch of the one-stop Takaful myDesk in collaboration with Lembaga Tabung Haji.

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Source: The Edge Daily, 16th June 2009

BIMB Holdings Bhd says talks to dispose of a strategic stake in its takaful operations to Abu Dhabi-Kuwait-Malaysia Strategic Investment Corp are still ongoing but there could be some amendments.

BIMB group managing director Johan Abdullah said negotiations between Syarikat Takaful Malaysia Berhad (Takaful Malaysia) and the consortium was ongoing.

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Source: Bernama, 11th June 2009

Nor Rashidah Salleh, who passed away from cancer in October last year, made the right decision by participating in the takaful insurance coverage plan in 2007.

As a result of her foresight, Takaful Ikhlas Sdn Bhd (Takaful IKHLAS) disbursed the sum of RM411,409.49 to her beneficiary, Mohd Razib Ali, 50, in settlement of her claim entitlement recently.

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