Takaful Malaysia delivered a strong and resilient financial performance for the first quarter ended 31 March 2026 (“Q1 FY2026”), recording a profit before zakat and tax (“PBZT”) of RM158.2 million — the highest first-quarter PBZT in the Group’s history.
The achievement represents a 5% increase compared to RM151.1 million recorded in the corresponding period last year.
Profit after zakat and tax rose 6% to RM100.0 million from RM94.6 million previously, underscoring the Group’s disciplined execution, diversified earnings base, prudent risk management, and sustained operational resilience amid an increasingly competitive and evolving operating environment.
Nor Azman Zainal, Group Chief Executive Officer of Takaful Malaysia, said, “Our record first-quarter performance reflects the strength of Takaful Malaysia’s fundamentals, the resilience of our diversified business model, and the trust that customers continue to place in our brand. Despite a more challenging operating landscape, we have remained focused on disciplined execution, operational agility, and delivering sustainable value across all our core business segments.”
He added, “The continued growth in profitability demonstrates the effectiveness of our long-term strategy, supported by prudent underwriting practices, sound investment management, customer-centric solutions, and ongoing digital transformation initiatives. We remain committed to strengthening our market position while creating sustainable value for all stakeholders.”
RESILIENT PERFORMANCE ACROSS CORE BUSINESS SEGMENTS
The Family Takaful segment recorded takaful revenue of RM568.2 million during Q1 FY 2026, supported by a more affordable and competitive coverage fee structure aimed at enhancing market accessibility and customer reach.
Meanwhile, the General Takaful segment maintained strong momentum, with takaful revenue increasing 14.2% to RM392.2 million compared to RM343.5 million recorded in the same period last year. The growth was primarily driven by stronger contributions from the Motor and Fire Takaful segments, reflecting sustained demand and the Group’s strong market positioning.
The Group also delivered improved investment performance during the quarter. Net investment income for the General Takaful segment rose to RM18.8 million from RM17.3 million in the corresponding quarter last year, driven by higher profits from Sukuk investments and realised gains from the disposal of investment assets.
Additionally, investment income within the Family Takaful segment increased by RM67.8 million year-on-year, mainly attributable to lower fair value losses on equity securities, reflecting improved market conditions and prudent portfolio management.
POSITIONED FOR SUSTAINABLE LONG-TERM GROWTH
“Our diversified business pillars across bancatakaful, employee benefits, treasury, and general takaful continue to provide resilience, stability, and sustainable growth opportunities for the Group,” said Nor Azman.
“At the same time, we remain focused on strengthening our digital infrastructure, operational capabilities, and customer experience to support future growth, innovation, and operational efficiency.”
He added that through Kaotim, the Group’s digital platform and brand, Takaful Malaysia continues to expand access to affordable and accessible protection solutions while enhancing customer engagement through technology-driven initiatives and digitalisation.
Looking ahead, Takaful Malaysia remains committed to delivering long-term sustainable growth while advancing its environmental, social, and governance (“ESG”) agenda. The Group will continue to strengthen its governance framework, digital capabilities, operational resilience, and customer-centric strategies in creating sustainable value for customers, shareholders, and stakeholders alike.
