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Topik: Bernama

Source: Bernama, 29th November 2009

Takaful IKHLAS Sdn Bhd, which currently has 10 branches nationwide, will open its 11th branch in Kuala Terengganu in April next year, its president and chief executive officer Datuk Syed Moheeb Syed Kamarulzaman said.

He said Kuala Terengganu was chosen as the location for the new branch due to the encouraging response from the people in the state.

“Despite not having a branch the state, we found that our clients from Terengganu contributed 12 per cent of the company’s revenue for the 2008 financial year,” he said.

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Source: Bernama, 16th November 2009

Prudential BSN Takaful (PruBSN), on Monday introduced its latest medical plan, the Takaful Health, a “first” for the Takaful industry in Malaysia with its annual No Claim Bonus (NCB).

PruBSN is a joint venture company between Bank Simpanan Nasional (BSN) and Prudential PLC (Prudential).

Its chief operating officer Azim Mithani said Takaful Health provides comprehensive hospital and medical coverage until age 80 as an extension to the Takafulink and Takaful Cerdik, the company’s pioneering investment-linked protection and educational insurance plans respectively.

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Source: Bernama, 3rd September 2009

Hong Leong Tokio Marine (HLTM) Takaful expects AUD30 million (AUD1=RM2.94) worth of funds to be subscribed by the Malaysian public for its newly launched capital protection investment-linked (CPIL) scheme — a global recovery income plan (GRIP) — within 45 days.

GRIP is a four-year Australian dollar denominated Shariah compliant and 100 per cent CPIL plan using the concept of Murabahah and Wa’ad (unilateral undertaking).

HLTM Takaful chief executive officer, Ab Latif Abu Bakar said GRIP is expected to pay an annual income distribution with a cumulative total of 15 per cent.

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