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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Topik: HLTM Takaful, Takaful pelaburan, The Star on Jan 13th, 2009 Comments Off
Source: The Star, 13th January 2009
Hong Leong Tokio Marine Takaful (HLTM Takaful) Bhd had on Tuesday launched its capital protection investment-linked scheme.
The Alpha Crescent Investment Plan was a three-year shariah-compliant 100% capital-protected investment-linked plan.
It is based on the concept of murabahah and wa’ad where the potential investment returns at maturity were referenced against the performance of the Alpha Crescent Index.
HLTM Takaful, which is managing the plan, said it would be distributed by Hong Leong Bank Bhd.
On the Alpha Crescent Index, it was derived from a “buy low, sell high” strategy from the performances of top 100 pre-selected shariah complaint stocks.
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