MNRB to Divest Takaful IKHLAS Operations to Bank Rakyat for RM1.64 Billion
Malaysian National Reinsurance Berhad has agreed to sell its entire interest in Takaful IKHLAS Family Bhd and Takaful IKHLAS General Bhd to Bank Rakyat for RM1.64 billion, marking a strategic shift toward core reinsurance operations.