Kuala lumpur: Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) announced an increase in net profit to RM115.42 million for the third quarter ending September 30, 2025. This is a rise from the RM100.65 million recorded in the same period last year, primarily attributed to a reduction in claims incurred.
According to BERNAMA News Agency, despite the profit increase, the group’s revenue for the third quarter of 2025 saw a decline to RM1.05 billion from RM1.12 billion a year ago. The company reported a decrease in takaful revenue to RM902.8 million, down by RM73.2 million compared to the RM976.0 million recorded in the corresponding period last year. This decline was mainly due to reduced charges for Takaful coverage and a drop in profit from the short-term Family Takaful business.
For the nine-month period, Takaful Malaysia recorded a slightly reduced net profit of RM293.78 million, compared with RM296.05 million the previous year. However, revenue for the same period rose to RM3.19 billion from RM3.07 billion. This increase was driven by higher contributions for Takaful coverage, particularly from growth in the credit protection business, alongside a higher contractual service margin.
Takaful Malaysia emphasized its strong market position and customer trust, attributing its success to innovative product offerings and relevance to customer needs. The company highlighted government initiatives like Sumbangan Asas Rahmah (SARA) and the targeted fuel subsidy scheme (BUDI95) as factors that are expected to sustain strong demand for Takaful and insurance products, with ongoing attention to protection gaps in the industry.
The group remains committed to responsible business growth while focusing on sustainability and environmental priorities. Takaful Malaysia’s comprehensive approach to sustainability is guided by governance, environmental stewardship, responsible investment, and meaningful social contributions. The company is also developing a roadmap to comply with the National Sustainability Reporting Framework by 2027, in line with regulatory requirements.