Malaysia: Takaful IKHLAS records continued progress

Source: Middle East Insurance Review | Jul 2026

The takaful subsidiaries of Malaysia’s reinsurance and retakaful group MNRB — Takaful Ikhlas General and Takaful Ikhlas Family, collectively known as Takaful IKHLAS — recorded a combined profit after tax of MYR108.8m ($27.4m) in the financial year ended 31 March 2026 (FY2026).

In a statement, MNRB said this was a 48.5% increase over FY2025’s MYR73.3m, achieved on the back of higher takaful service results, supported by strong revenue growth across both its general and family takaful segments, as well as favourable investment performance.

Takaful IKHLAS’s takaful service results increased significantly to MYR198.4m from a deficit of MYR8.1m in FY2025, driven mainly by improved takaful revenue from both general and family businesses. M

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