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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