Takaful Malaysia to benefit from expanding market

PETALING JAYA: Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) is undervalued considering its robust profit-generating potential and increasing presence, MIDF Research says.

STMB has the distinction of being the only 100% syariah-compliant takaful operator on Bursa Malaysia, along with being one of the largest players in the fast-growing local takaful space, the research house said.