Takaful Malaysia posts RM2.75 billion revenue for 9M FY2025, declares higher 18.5 sen interim dividend
The Group also announced an increased interim single-tier dividend of 18.5 sen per share, reflecting strong market confidence and operational resilience.
SHAH ALAM - Takaful Malaysia Keluarga Berhad reported a disciplined and resilient performance for the nine months ended Sept 30, posting a gross profit growth of eight per cent and recording revenue of RM2.75 billion.
The Group also announced an increased interim single-tier dividend of 18.5 sen per share, reflecting strong market confidence and operational resilience.
Takaful Malaysia Group Chief Executive Officer (CEO) Nor Azman Zainal highlighted the company’s robust financial trajectory.
“Our nine-month performance sends a clear signal to the market that Takaful Malaysia continues to lead with strength and discipline.
“Both our revenue and profit before zakat and tax recorded resilient growth, outpacing the industry despite persistent market challenges faced by all industry players.
“This momentum reflects the robustness of our strategy, the quality of our portfolio and our unwavering focus on operational excellence,” he said.
The Group reported a profit before zakat and tax of RM468.0 million, an eight per cent increase from RM435.2 million in the same period last year, supported by a revenue increase of RM86.1 million from RM2.66 billion previously.
Key business lines in bancatakaful, treasury, employee benefits and general takaful demonstrated resilience amid market pressures, aided by growing awareness of financial protection and accelerated adoption of digital solutions.
The interim dividend of 18.5 sen per ordinary share, totalling RM161.4 million, represents an 8.8 per cent increase compared to the 17 sen declared in the prior year. This highlights Takaful Malaysia’s strong solvency position and commitment to delivering sustainable returns to shareholders.
The Group also marked a milestone with its inaugural RM500 million Tier 2 Subordinated Sukuk issuance, issued under a new RM1.0 billion programme.
The sukuk, carrying a profit rate of 3.83 per cent per annum and rated AA3 by RAM Rating Services Berhad, attracted orders exceeding RM2.0 billion, an oversubscription of more than four times, signalling robust market confidence.
“The book-building exercise attracted strong demand, with orders exceeding RM2.0 billion, an oversubscription of more than four times, from more than twenty institutional investors and asset management houses, reflecting solid market confidence in the Group’s financial strength,” Azman said.
Looking forward, Takaful Malaysia intends to prioritise customer-driven innovation, enhanced digital capabilities and ESG integration.
The Kaotim digital platform continues to expand its reach through accessible online protection offerings, strengthening the Group’s presence in the retail direct market alongside its bancatakaful operations.
“Our steady performance reflects the effective execution of our strategy. We remain committed to delivering sustained value creation, achieving customer excellence and strengthening our foothold in the takaful and insurance industry.
“Building on our core businesses, we are well positioned to navigate the remainder of the year with agility and confidence, delivering sustainable long-term value to our stakeholders,” Azman added.
Download Sinar Daily application.Click Here!
