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Overview
Financial Highlight
HeadlinesBusiness Background Syarikat Takaful Malaysia Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company’s business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia primarily manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company’s revenue comes from customers in Malaysia.
  pengyou Takaful is too high already. Might go down abit. Be patient and wait a while. 09/05/2019 11:22 AM okang The key takeaways from today’s AGM is that growth trajectory and earnings visibility will continue in the short to medium term. 09/05/2019 12:42 PM okang On Indonesian operation, management hope to turn it around in 2 years time 09/05/2019 12:43 PM okang Basically sanguine about growth across all product lines, with bancassurance continue to power ahead 09/05/2019 12:45 PM okang To launch enhanced version of click for cover mobile app in Q3 to enable insurance purchases. The current version of mobile app is for restricted to existing customers . 09/05/2019 12:49 PM okang I was there to listen to what the CEO had to say and don’t expect any door gifts. In fact corporate Malaysia should cease the practice of giving goodies and free food. By continuing with such culture, a company will be attracting the wrong kind of shareholders. 09/05/2019 2:30 PM Abba84 can see the volatility of tis counter- goes up fast n dropped badly later! 09/05/2019 3:53 PM Dakewlest I dont see any problem with company giving goodies during AGM. But everyone has their own opinion. 09/05/2019 6:43 PM Ahead1268 Cash piles RM1billion. Investment RM5.4billion. Reserves RM0.8billion. This look like Gems in the making. Potentially reach RM10bil market cap in 3 years time. 09/05/2019 10:13 PM Up_down Many people are looking forward the operators to fill up the gap up but they are reluctant to do it. Hope EPF would lend a hand. Lolz 16/05/2019 12:28 PM ks555 Takaful is my first RM2 profit margin this year! But i want to taste RM10 profit margin! I think Takaful is very capable to deliver! 16/05/2019 12:31 PM brendonyeap The next quarterly results of Takaful will be explosive. Pls Read the results by BIMB today, carefully. 23/05/2019 7:27 PM Kadir brendonyeap...external factors such as Us- China trade wars n brexit worries,makes klse difficult to rise 23/05/2019 9:47 PM  paperplane In the first quarter ended March 31, 2019, Syarikat Takaful Malaysia Keluarga Berhad Group (“Takaful Malaysia”) recorded a 33.5% higher PBZT of RM113.3 million, compared to RM84.9 million in the same period in 2018. The higher profit was attributable to higher net Wakalah fee income generated by growth in the Family Takaful business. Takaful Malaysia’s operating revenue of RM918.2 million for the quarter under review increased by 23.1% compared to the corresponding period in 2018. The increase was mainly attributable to higher sales generated by Family Takaful business, which recorded gross earned contributions of RM502.9 million, an increase by 55.2%, from the corresponding period last year. The growth came mainly from higher sales of credit- related products. General Takaful’s gross earned contributions rose to RM204.2 million, an increase of 12.0% compared to the corresponding period last year. The growth came mainly from fire class. Despite business sentiments remaining cautious in 2019, the Takaful industry is expected to outperform the conventional insurers in view of the strong demand in the Takaful products 23/05/2019 10:21 PM Kadir Family Takaful and bancassurance partnership contribute positively to Takaful growth going fwd. 23/05/2019 10:35 PM  |
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