Malaysia dividend stock – Takaful

Takaful (6139), a listed Islamic insurance company in Malaysia, with dividend yield of approximately 4%, high return of equity (ROE) of more than 25% and track record of double-digit growth over past few years. Islamic insurance sector has enjoyed greater growth than conventional insurance over the past few years. Takaful being the only pure Islamic insurance listed company in Malaysia, has been the one of the biggest beneficiaries.

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Opening price, closing price and trading sessions of stock market

Have you ever wondered why opening price of a stock is different from closing price from previous day? This is because before opening of stock market, there is a session called "pre-opening". Similarly prior to closing of trading day, there is a corresponding "pre-closing" session. Opening price and closing price are determined separately during these sessions based on share price that can result in the highest matched quantities , therefore closing price and opening price could be different.

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Impairment and expected credit loss (ECL)

Impairment and expected credit loss (ECL) are accounting terms used to describe reduction in value of an asset. Some industries, such as banking, are especially sensitive to impairment and ECL. The intention of this article is to explain concept of these two terms in simplified way, so that even if you are not accountant, you are able to interpret the financial reports correctly.

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