Takaful Malaysia
Appearance
Company type | Public limited company |
---|---|
MYX: 6139 | |
ISIN | MYL6139OO009 |
Industry | Takaful |
Founded | 29 November 1984 |
Headquarters | Menara Takaful Malaysia, , No. 4, Jalan Sultan Sulaiman, 50000 Kuala Lumpur Malaysia |
Key people |
|
Products | Family Takaful |
Revenue | RM 3.76 billion (2022) |
Total assets | RM 13.65 billion (2022) |
Parent |
|
Website | www |
Industry | Takaful |
---|---|
Founded | 12 September 2017 |
Headquarters | Menara Takaful Malaysia, , No. 4, Jalan Sultan Sulaiman, 50000 Kuala Lumpur Malaysia |
Key people |
|
Products | General Takaful |
Revenue | RM 1.20 billion (2022) |
Total assets | RM 2.87 billion (2022) |
Parent | |
Website | www |
Syarikat Takaful Malaysia Keluarga Berhad (Takaful Malaysia or Takaful Malaysia Keluarga) is the first takaful operator in Malaysia.[1] Takaful Malaysia Keluarga is the holding company that manages the Family Takaful business and owns 100% equity of Syarikat Takaful Malaysia Am Berhad (Takaful Malaysia Am), which operates the General Takaful business. Providing a comprehensive and affordable range of family takaful and general takaful solutions, both companies operate under the Takaful Malaysia brand with a combined network of branches in 24 locations nationwide. In addition, Takaful Malaysia has two subsidiary companies in Indonesia, PT Asuransi Takaful Keluarga and PT Syarikat Takaful Indonesia.
History
- Takaful Malaysia was established on 29 November 1984 when the Government of Malaysia set up a task force to study the feasibility of establishing an Islamic insurance company in Malaysia.[2]
- The incorporation of Takaful Malaysia as the first takaful operator in the country was in the same year as the Takaful Act was enacted.[3]
- Takaful Malaysia commenced its operations on 22 July 1985.
- Takaful Malaysia was converted into a public limited company on 19 October 1995, followed by its listing on the Main Board (now known as ‘Main Market’) of Bursa Malaysia Securities Berhad on 30 July 1996.[3]
- In accordance with the Islamic Financial Services Act 2013 (“IFSA”), Takaful Malaysia separated its composite license into two licensed entities on 1 June 2018.[4]
- The current substantial shareholders of Takaful Malaysia are Lembaga Tabung Haji, Employees Provident Fund Board and Kumpulan Wang Persaraan (Diperbadankan), with a shareholding of 28.20%, 12.73% and 6.88%, respectively, as at 31 March 2023.[5]
Awards
- Graduates’ Choice of Employer to Work For in 2022 - Graduates’ Choice Award[6]
- HR Asia Best Companies to Work For in Asia 2022 (Malaysia Edition)[7]
- Highest Growth in Profit After Tax Over Three Years (Financial Services Sector) - The Edge Billion Ringgit Club Corporate Awards 2022[5]
- Most Outstanding Company in Malaysia (Insurance Sector Category) - Asiamoney Asia's Outstanding Companies Poll 2022[8]
- iBanding.com Best Motor Takaful Company in Malaysia 2021/2022[9]
- HR Asia Best Companies to Work For in Asia 2021 (Malaysia Edition)[10]
- Most Attractive Graduate Employers to Work For in 2022 (Insurance Category) - Graduate's Choice Awards 2021/2022[11]
- Highest Returns to Shareholders Over Three Years Award (Financial Services Sector) - The Edge Billion Ringgit Club Corporate Awards 2020[12]
- Highest Return on Equity Over Three Years Award (Financial Services Sector) - The Edge Billion Ringgit Club Corporate Awards 2020[12]
- Highest Return on Equity Over Three Years Award (Financial Services Sector) - The Edge Billion Ringgit Club Corporate Awards 2019[13]
- Highest Growth in Profit After Tax Over Three Years Award (Financial Services Sector) - The Edge Billion Ringgit Club Corporate Awards 2019[13]
- The Malaysian Takaful Association's Innovation Award (Special Awards Category) - Takaful StarNite Awards 2019[14]
- The Malaysian Takaful Association's Race For Cover Award - Takaful StarNite Awards 2019[14]
- Highest Return on Equity Over Three Years (Financial Services Sector) - Runner-up - The Edge Billion Ringgit Club Corporate Awards 2018[15]
- Highest Growth in Profit After Tax Over Three Years (Financial Services Sector) - Runner-up - The Edge Billion Ringgit Club Corporate Awards 2018[15]
- Top Three Best Employer Brand (Insurance Category) - Graduates’ Choice Awards 2018[16]
- National ICT Association of Malaysia (PIKOM) - Project Leadership Certification (PLC) Annual Leadership Award 2018[17]
- iBanding.com Best Motor Takaful Company in Malaysia 2017/2018[18]
References
- ^ "Akta Takaful, 1984" (PDF).
- ^ "The Malaysian Takaful Industry" (PDF). p. 6.
- ^ a b "Akta Takaful, 1984" (PDF).
- ^ "Takaful Malaysia Converts Its Composite Licence Into Single Licences" (PDF).
- ^ a b "Takaful Malaysia Corporate Website".
- ^ "The Graduates' Choice Award".
- ^ "HR Asia Best Companies to Work for in Asia 2022 (Malaysia Edition)".
- ^ "Asia's Outstanding Companies Poll 2022".
- ^ "Motor Insurance and Takaful Award 2021/2022".
- ^ "HR Asia Best Companies to Work for in Asia 2021".
- ^ "Graduate Employers to Work for in 2022".
- ^ a b "The Edge Billion Ringgit Club Corporate Awards 2020".
- ^ a b "The Edge Billion Ringgit Club Corporate Awards 2019".
- ^ a b "Our Milestones - Takaful Malaysia" (PDF).
- ^ a b "The Edge Billion Ringgit Club Corporate Awards 2018".
- ^ "Graduates' Choice Awards 2018".
- ^ "Takaful Malaysia Annual Report 2018" (PDF). p. 32.
- ^ "Motor Insurance and Takaful Award 2017/2018".