, Malaysia
160 views
Photo from Markus Spiske for Unsplash

Takaful Malaysia revenue surges 18% in 2022

It earned a total of $830m for the year.

Takaful Malaysia recorded an 18% growth in its revenue for the full financial year (FY2022) ended 31 December 2022.

Its financial report stated that it earned a total of RM3.76b ($835m) for FY2022, compared to RM3.18b ($705m) from the previous fiscal year (FY2021).

They also recorded a 14% increase in earnings before zakat (obligatory payment) and tax to RM500m ($110.97m) year-on-year from RM439m ($97.35m) in FY2021.

According to the report, the increase was due to the higher sales from both the company’s Family Takaful and General Takaful businesses.
 

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!