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MTA, IBFIM launch revised Takaful Basic Examination

KUALA LUMPUR, Sept 24 (Bernama) -- The Malaysian Takaful Association (MTA) and Islamic Banking and Finance Institute Malaysia (IBFIM) today launched the revised Takaful Basic Examination (TBE).

LIAM focused on getting more people insured

By zaphne Philip

KUCHING, Sept 24 (Bernama) – Well aware that the insurance penetration rate among Malaysians is low, the Life Insurance Association of Malaysia (LIAM) is constantly working with Bank Negara Malaysia (BNM) to improve the situation through exercises, initiatives and creating suitable products.

AXA offers protection plan to e-hailing driver

Malaysia has one of the highest accident and fatality rates in the region with 533,875 accidents recorded in 2017, which was an increase of 2.4% from 521,466 accidents in 2016.

Traditional Businesses Face Tough Competition In Digital Sharing Economy

GEORGE TOWN, Sept 6 (Bernama) -- As the digital sharing economy begins to thrive in the global market, traditional businesses are finding themselves facing tougher competition, with hotels competing against AirBnB, or local taxi services against e-hailing services such as Uber and Grab.

UM student wins LIAM's #IDAREYOUChallenge

KUALA LUMPUR, Sept 5 (Bernama) -- A solo participant from Universiti Malaya, Lee Ming Ching bagged the grand prize of RM15,000 and the Best Video Award of RM2,000 at the grand finale of the #IDAREYOUChallenge2017, here, recently.

Namlifa leaders rain-soaked in Langkawi Insurance Awareness Run

LANGKAWI, Sept 4 (Bernama) --  Over 100 branch leaders of the National Association of Malaysian Life Insurance and Family Takaful Advisors (NAMLIFA) nationwide braved the rain today in a special run to create public awareness on the importance of insurance coverage.

47 per cent of youths have high credit card debts - BNM

KUALA LUMPUR, Sept 3 (Bernama) -- Forty-seven per cent of Malaysian youths have high credit card debts while 38 per cent have been identified as having personal loans, said Bank Negara Malaysia (BNM) Assistant Governor Nazrul Hisyam Mohd Noh. 

PIAM targets four per cent insurance penetration by 2020

KUALA LUMPUR, Aug 30 (Bernama) -- The General Insurance Association of Malaysia (PIAM) aims to increase life and non-life insurance penetration in Malaysia to four per cent by 2020.

PruBSN hands payment benefits to needy recipients

KUALA LUMPUR, Aug 17 (Bernama) -- Prudential BSN Takaful Berhad (PruBSN), through its non-profit charitable arm PruBSN Prihatin, has handed over the PruBSN Microtakaful Jariyah payment benefits to two recipients yesterday.

Etiqa to expand into more ASEAN markets

KUALA LUMPUR, Aug 15 (Bernama) -- Etiqa will enhance its takaful and insurance brand by expanding into more ASEAN markets by next year.

Bank Islam Malaysia Bhd sets aside RM300 mln for digital roadmap
Bank Muamalat targets RM40 mln from new Premier Centre

RHB Islamic partners TBS to drive Waqf funds

MTA, IBFIM launch revised Takaful Basic Examination
LIAM focused on getting more people insured

AXA offers protection plan to e-hailing driver

100 Yen3.6638/6677
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 Banker’s Cheque, Bank Draft and Cashier’s Order. Do you think this additional charge is justified?
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