Submitted by: Submitted by azriamin79
Views: 70
Words: 1528
Pages: 7
Category: Business and Industry
Date Submitted: 12/28/2013 09:09 PM
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FINANCIAL PERFORMANCE SYARIKAT TAKAFUL MALAYSIA
Introduction
Syarikat Takaful Malaysia Berhad (Takaful Malaysia) was incorporated on the 29th of November 1984. The current authorised capital of Takaful Malaysia is RM500 million and paid-up capital is RM162.817 million. It commenced operation on the 22nd of July, 1985 prior to its official launching on the 2nd of August 1985 by the then Prime Minister of Malaysia, Tun Dr. Mahathir Mohamed
The incorporation of Takaful Malaysia was based on the recommendation of the “Task Force on the Study for the Establishment of an Islamic Insurance Company in Malaysia” (Task Force) set up by the Government of Malaysia in 1981.
Financial Analysis of the Financial Statements
The financial analysis ratio’s is base on highlights for profitability, liquidity, and management efficiency and leverage ratios.
|SYARIKAT TAKAFUL MALAYSIA | | | |
| | | | |
| |2010 |2011 |2012 |
|Current Ratio |1.43 |2.52 |2.39 |
|Operating Income Return...