Takaful sector set to double growth rate


The Takaful Malaysia building in Kuala Lumpur. The company is looking to acquire a takaful company in the next two years.

Number of policies expected to rise 10% to 5.05 million in 2016

KUALA LUMPUR: Malaysia’s Islamic insurance industry is set to double its growth rate this year as companies focus on selling cheaper policies in rural areas, according to the nation’s takaful body.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Malaysia , insurance

Next In Business News

GEAR-uP needs a transparency tune-up
Casino home run for Cohen
Cortina rolls out mobile homes for Winter Games
Telcos pay for DNB’s misfire
China’s slow stock rally gains investor trust
Majuhome� built to last
Genting’s high-stakes double-edged win
Stable credit lights up Asia Pacific
Investors turn to EMs
Mega port strategy in the dock

Others Also Read