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Family takaful to drive Takaful Ikhlas’ profits

Posted on 14 May 2013

Takaful Ikhlas Sdn Bhd is looking to boost its family takaful business, regarded as a long term saving mechanism, to drive the company’s growth and profitability further. Its president and CEO Ab Latiff Abu Bakar said Takaful Ikhlas’ family takaful business should grow by another 10% to contribute 70% of its gross contributions in the next three to four years.
For the financial year ended March 31, 2012 (FY12), family takaful made up just over 60% of the operators contributions at RM501 million………………………………………..Full Article: Source

 
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