The Board of Directors (“the Board”) of Syarikat Takaful Malaysia Keluarga Berhad is mindful of the need to protect the interests of the Company’s shareholders as well as its other stakeholders. In discharging its duties effectively, the Board is provided with the Board’s Terms of Reference (“TOR”), a reference tool for Directors in relation to the Board’s role, powers, duties and functions.

The TOR reflects applicable rules and regulations and outlines processes and procedures to ensure the effectiveness and efficiency of the Company’s Board and its committees. It is a dynamic document that is updated from time to time to reflect changes to the Company’s policies, procedures and processes as well as amended rules and regulations.

The Board’s TOR comprises, amongst others, authority limits for the Board and the relevant internal policies.

Please click on the respective company names to view the full version of the Board Charter.

STMKB_Board_Charter.pdf

STMAB_Board_Charter.pdf

The Directors adhere to the Code of Ethics for Company Directors issued by the Companies Commission of Malaysia, which provides guidance for proper standards of conduct and sound and prudent business practices as well as standard of ethical behaviour for Directors, based on principles of integrity, responsibility, sincerity and corporate social responsibility.

Syarikat Takaful Malaysia Keluarga Berhad’s Code of Conduct and Ethics consist of 3 major areas, namely:-

1. Corporate Governance
2. Relationship with shareholders, employees, creditors and customers
3. Social responsibilities and the environment

As the pioneer Shariah-compliant financial services provider for takaful, Syarikat Takaful Malaysia Keluarga Berhad (“Takaful Malaysia”) and its subsidiary companies strive to be a responsible corporate citizen. We are committed in our endeavour to uphold the Shariah principles in our business and social activ​ities, in line with our vision of “We want to be the preferred choice for Insurance”:

1. 1. Marketplace
      We are committed in our effort to strengthen Shariah governance, adopting customer-centric philosophy for service excellence and promote literacy in the areas of our Shariah-compliant takaful products.

1. 1. Workplace
      We inspired to be an employer of choice by providing a conducive working environment, continous education and development of talent, encouraging volunteerism and managing responsibly our most valuable asset – our staff.

1. 1. Community
      We focus our effort on enriching deserving communites via education, social development and economic inclusion, poverty alleviation and humanitarian relief.

1. Environment
   We championed conservation and protection of natural environment and educating our business constituents the importance of environmental preservation.

1. Code of Practice on Personal Data Protection for the Insurance and Takaful Industry in Malaysia ​ ​​​​​​​​​​

Code_of_Practice_Insurance_and_Takaful.pdf