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Islamic Finance Briefing - Categorized | Insurance (Takaful) more

UM gets RM239,000 cash rebate from Takaful Malaysia

Posted on 15 May 2013

Syarikat Takaful Malaysia Bhd (Takaful Malaysia) has given a ‘No Claim Rebate’ payment of RM239,281 to Universiti Malaya. Takaful Malaysia Corporate Direct Assistant General Manager Noraini Mohd Yusof said the university has been its client for the last two years and has been enjoying the benefits since then.
“Last year we paid out a record amount of RM31 million as our 15 per cent No Claim Rebate and given the positive growth in our General Takaful portfolio, we are confident of a higher rebate being disbursed this year…………………………………..Full Article: Source

 
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