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1,500 Packs Of 'Bubur Lambuk' From Takaful IKHLAS And Adabi

KUALA LUMPUR, June 7 (Bernama) -- Takaful Ikhlas Berhad (Takaful IKHLAS) and Adabi Consumer Industries Sdn Bhd (Adabi) yesterday got together to cook and distribute 'bubur lambuk' to the staff of Universiti Malaya Medical Centre (UMMC), near here.

Zero GST for life, general insurance and Takaful products

KUALA LUMPUR, June 4 (Bernama) --The General Insurance Association of Malaysia (PIAM), Life Insurance Association of Malaysia and Malaysian Takaful Association announced that life and general insurance companies and takaful operators in Malaysia will be charging the Goods and Services Tax (GST) at zero per cent effective June 1, 2018.

Takaful Malaysia converts composite licence to single licences

KUALA LUMPUR, June 1 (Bernama) -- Syarikat Takaful Malaysia Bhd (Takaful Malaysia), the first Islamic insurance company in Malaysia, announced the conversion of its composite licence to single licences and splitting the company into two entities to manage the operations of its family takaful and general takaful businesses separately.

Malaysian Re licenses AIR Worldwide's platform to manage new risks

KUALA LUMPUR, May 7 (Bernama) -- Malaysian Reinsurance Berhad (Malaysian Re), a wholly- owned subsidiary of MNRB Holdings Berhad (MNRB) today announced it has licensed AIR Worldwide's (AIR) catastrophe risk modelling platform for portfolio management and managing new risks.

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GST ends on AIBIM Bank services & products
RHB Islamic Bank CEO is new AIBIM President

Islamic Financial Institutions should adopt IIFM standards

Zero GST for life, general insurance and Takaful products
Takaful Malaysia converts composite licence to single licences

Taiwan's Shinkong Insurance company gets excellent ratings

US 3.9960/4.0000
S'pore 2.9561/9592
100 Yen 3.6393/6440
Sterling 5.3011/3068
Euro 4.6489/6544
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?

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