Company:Takaful Malaysia

From HandWiki
Syarikat Takaful Malaysia Keluarga Berhad
TypePublic limited company
ISINMYL6139OO009
IndustryTakaful
Founded29 November 1984; 39 years ago (1984-11-29)
Headquarters
Menara Takaful Malaysia,
No. 4, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
,
Malaysia
Key people
  • Dato' Mohammed Hussein (Chairman)
  • Nor Azman Zainal (Group CEO)
ProductsFamily Takaful
RevenueRM03.76 billion (2022)
Total assetsRM013.65 billion (2022)
Parent
  • Tabung Haji (28.20%)
  • Employees Provident Fund (12.73%)
  • Kumpulan Wang Persaraan (Diperbadankan) (6.88%)
Websitewww.takaful-malaysia.com.my
Syarikat Takaful Malaysia Am Berhad
IndustryTakaful
Founded12 September 2017; 6 years ago (2017-09-12)
Headquarters
Menara Takaful Malaysia,
No. 4, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
,
Malaysia
Key people
  • Ismail Mahbob (Chairman)
  • Mohamed Sabri Ramli (CEO)
ProductsGeneral Takaful
RevenueRM01.20 billion (2022)
Total assetsRM02.87 billion (2022)
Parent
  • Syarikat Takaful Malaysia Keluarga Berhad (100%)
Websitewww.takaful-malaysia.com.my

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

  1. "Akta Takaful, 1984". https://museum.bnm.gov.my/bnm60th/360vr/files/2ndEra/M26&27.pdf. 
  2. "The Malaysian Takaful Industry". p. 6. https://www.bnm.gov.my/documents/20124/792371/booklet.en.pdf. 
  3. 3.0 3.1 "Akta Takaful, 1984". https://museum.bnm.gov.my/bnm60th/360vr/files/2ndEra/M26&27.pdf. 
  4. "Takaful Malaysia Converts Its Composite Licence Into Single Licences". https://www.takaful-malaysia.com.my/corporate/pressroom/MediaReleases2018/The%20Star%20-%20Takaful%20Malaysia%20Converts%20Its%20Composite%20Licence%20Into%20Single%20Licences,%202%20June%202018.pdf. 
  5. 5.0 5.1 "Takaful Malaysia Corporate Website". https://www.takaful-malaysia.com.my/en/about-us/. 
  6. "The Graduates’ Choice Award". https://www.graduateschoiceaward.com/talentbank-reveals-113-most-preferred-graduate-employers-to-work-for-in-2022-2/. 
  7. "HR Asia Best Companies to Work for in Asia 2022 (Malaysia Edition)". https://hr.asia/awards/malaysia-2022/. 
  8. "Asia’s Outstanding Companies Poll 2022". https://www.asiamoney.com/article/178jpplzjljf2aywdu3w4ew9mkzazhkigp5cmtfk3ayzxqi9tc/polls/asias-outstanding-companies-poll/asias-outstanding-companies-poll-2022. 
  9. "Motor Insurance and Takaful Award 2021/2022". https://www.ibanding.my/motor-insurance-and-takaful-award-2021/. 
  10. "HR Asia Best Companies to Work for in Asia 2021". https://marketingmagazine.com.my/43-malaysian-companies-named-hr-asia-best-companies-to-work-for-in-asia-2021/. 
  11. "Graduate Employers to Work for in 2022". https://www.graduateschoiceaward.com/top-employers-in-2022/. 
  12. 12.0 12.1 "The Edge Billion Ringgit Club Corporate Awards 2020". https://brc.theedgemarkets.com/2020/winners.php. 
  13. 13.0 13.1 "The Edge Billion Ringgit Club Corporate Awards 2019". https://brc.theedgemarkets.com/2019/winners.php. 
  14. 14.0 14.1 "Our Milestones - Takaful Malaysia". https://www.takaful-malaysia.com.my/corporate/aboutus/Documents/Our_Milestones_ENG.pdf. 
  15. 15.0 15.1 "The Edge Billion Ringgit Club Corporate Awards 2018". https://brc.theedgemarkets.com/2018/flipbook/. 
  16. "Graduates’ Choice Awards 2018". https://www.facebook.com/gcaaward. 
  17. "Takaful Malaysia Annual Report 2018". p. 32. https://www.takaful-malaysia.com.my/corporate/aboutus/Financial%20Reports/Annual%20Report%202018/STMKB%20ANNUAL%20REPORT%202018.pdf. 
  18. "Motor Insurance and Takaful Award 2017/2018". https://www.ibanding.my/old_motor-insurance-award-2017-2018/.