Source: Bernama, 13th October 2008
Takaful Ikhlas Sdn Bhd has set the target of capturing 20 percent of the takaful market in 2010, said its chairman Sharkawi Alis.
In the last financial year ended March 31, 2008, the company collected a premium of RM428 million or 11 percent share of the takaful market, he said.
A wholly owned subsidiary of MNRB Holdings Bhd, the company started its operations in July 2003 and it offers various takaful or insurance products based on Islamic principles.
On its list are special products for civil servants including products covering housing loans taken under the Treasury.
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Source: Bernama, 16th September 2008
Provider of Islamic financial protection services Takaful Ikhlas Sdn Bhd has allocated RM10,000 to alleviate the burden of flood victims in Kedah, in view of the forthcoming Aidilfitri celebration.
Takaful Ikhlas Regional Marketing Manager Hazzrie Abu Bakar said, the amount was allocated to aid flood victims in four areas in the state namely Sidam, Bukit Selambau, Guar Chempedak and Titi Serong.
“In fulfilling our social responsibility, Takaful Ikhlas is ready to come forward to assist the unfortunate, at any time,” Hazzrie told Bernama after handing out food hampers to 50 families affected by flood, here, on Monday.
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Source: Bernama, 11th September 2008
HSBC Amanah Takaful (Malaysia) Sdn Bhd is targeting RM375 million in revenue for its financial year ending Dec 31, 2008, its chief executive officer, Mohammad Muqeem, said Thursday.
As of August this year, the company has underwritten almost RM40 million in new business, covering 102,000 policies, he told Bernama after the presentation of cheques to five underprivileged homes and a rural primary school here.
The company’s growth in premiums this year compared with last year has indicated an increase of 123 percent in general and 329 percent in life or family takaful.
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