IMPORTANT NOTICE:
8% Service Tax Amendment for Business Takaful Certificates

Dear Valued Customers,

Please be informed that the Service Tax (“ST”) rate for certificates participated for business purposes (“Business Takaful Certificates”) has been increased to 8%, effective from 1 March 2024, pursuant to Service Tax (Rate of Tax) (Amendment) Order 2024 (“Order”).

Please note that certificate participated for non-business purposes (“Non-Business Takaful Certificates”), such as those participated by individuals for themselves or their family members, are not affected by this change.  

Should you require further information on ST, please visit the Royal Malaysian Customs Department’s SST Official Website at https://mysst.customs.gov.my/.

Frequently asked questions