Source: Business Times, 5th November 2009
MAA Takaful Bhd has won the “Most Outstanding Takaful Product” for its Takafulink product at the Sixth Kuala Lumpur Islamic Finance Awards Ceremony 2009 in Kuala Lumpur.
Its chief executive officer Salim Majid Zain said in a statement today that winning the award was a significant achievement for MAA Takaful.
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Topik: PruBSN Takaful, Takaful pelaburan, The Star on Oct 3rd, 2009 Comments Off
Source: The Star, 3rd October 2009
Prudential BSN Takaful Bhd (PruBSN) chief operating officer Azim Mithani will soon helm the company as chief executive officer pending Bank Negara approval.
The British-trained actuary is also currently treasurer of the Actuarial Society of Malaysia.
Before assuming his current position, Azim was chief financial officer and appointed actuary of Prudential Assurance Malaysia Bhd (PAMB).
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Topik: Bernama, HLTM Takaful, Takaful pelaburan on Sep 3rd, 2009 Comments Off
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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