CIMB Extends Payment Relief To Customers Affected By Sabah Floods

KUALA LUMPUR, Sept 19 (Bernama) -- CIMB Bank Bhd and CIMB Islamic Bank Bhd have reiterated that the CIMB flood relief assistance plan remains available to support customers affected by the recent floods in Sabah.

Takaful Malaysia Expands Beyond Motor, Credit Products Into Life Protection

KUALA LUMPUR, Sept 12 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) is broadening its portfolio beyond its core strengths in credit-related products and motor takaful by introducing individual life protection offerings.

Islamic Finance Must Leverage Climate Action, Digital Inclusion, Islamic Innovation To Benefit World -- SC Chair

KUALA LUMPUR, Sept 8 (Bernama) -- Islamic finance must leverage three key drivers, mainly climate action, digital inclusion and Islamic innovation, to serve a higher purpose for Malaysia, Oman and the rest of the world, said Securities Commission (SC) chairman Datuk Mohammad Faiz Azmi.

AIM Committed To Providing Shariah-compliant Financial Facilities

By Azli Shafii

TANAH MERAH, Sept 7 (Bernama) -- Amanah Ikhtiar Malaysia (AIM) is committed to expanding its Ikhtiar Ar-Rahnu service nationwide to provide takaful-protected, Shariah-compliant micro-financing facilities.

PTV 3.0 Launched, Enabling STR Recipients To Move Towards Good Financial Planning, Family Protection

KUALA LUMPUR, Sept 2 (Bernama) -- The Perlindungan Tenang Voucher (PTV) Programme, a public-private initiative by the government in collaboration with the insurance and takaful industry, enters its third phase with the launch of the Perlindungan Tenang Voucher 3.0 Programme (PTV3.0 Programme) on Sept 1.

Takaful Malaysia's Net Profit Narrows To RM83.82 Mln In 2Q 2025

KUALA LUMPUR, Aug 21 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s net profit narrowed to RM83.82 million in the second quarter ended June 30, 2025 (2Q 2025) from RM93.10 million in 2Q 2024. 

Interim Measures Effective In Curbing Medical Costs, Insurance Premium Inflation -- Governor

KUALA LUMPUR, Aug 15 (Bernama) -- Interim measures to manage rising medical costs remain effective, as ongoing initiatives will strengthen healthcare delivery and help curb medical insurance inflation, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

AKPK Offers Free Financial Advisory Service For MHIT Policyholders Facing Premium Hikes

KUALA LUMPUR, Aug 15 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) has introduced a free financial management service to assist policyholders affected by premium increases for their medical and health insurance and takaful (MHIT) plans.

MBSB IB Maintains Positive Call On Insurance Sector Despite Healthcare Inflation

KUALA LUMPUR, Aug 15 (Bernama) -- MBSB Investment Bank (MBSB IB) has maintained its “positive” recommendation on the insurance sector, citing attractive valuations and high dividend yields despite persistent healthcare inflation and delays in healthcare cost-control reforms.

MNRB's Net Profit Surges To Record High Of RM168.43 Mln In 1Q FY2026

KUALA LUMPUR, Aug 14 (Bernama) -- MNRB Holdings Bhd posted a record-high net profit of RM168.43 million for the first quarter ended June 30, 2025 (1Q FY2026), up 82.7 per cent from RM92.20 million in the same quarter last year.

Takaful Malaysia Proposes RM1 Bln Tier 2 Subordinated Sukuk Programme

KUALA LUMPUR, Aug 14 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has proposed the establishment of a Tier 2 subordinated sukuk programme of up to RM1 billion in nominal value based on the shariah principle of wakalah bi al-istithmar.

AIA Public Takaful Appoints Mohd Asri As CEO, Effective Aug 11

KUALA LUMPUR, Aug 14 (Bernama) -- AIA Public Takaful Bhd has appointed Mohd Asri Omar as its new chief executive officer (CEO), effective Aug 11, 2025.