Takaful industry on progress mode


Malaysian Takaful Association (MTA) deputy chairman Mohamed Sabri Ramli said this could be seen from the total contributions of the family takaful business, which increased 46.7% in H1 of 2021 to RM4.68bil compared with RM3.19bil in the same period last year.

PETALING JAYA: The Malaysian takaful industry recorded strong growth in the family takaful and general takaful businesses in the first half (H1) of 2021 compared to the same period in 2020 despite the challenges posed by the Covid-19 pandemic.

Malaysian Takaful Association (MTA) deputy chairman Mohamed Sabri Ramli said this could be seen from the total contributions of the family takaful business, which increased 46.7% in H1 of 2021 to RM4.68bil compared with RM3.19bil in the same period last year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Asia stocks rise as Fed tamps down hike fears; yen leaps
Standard Chartered Q1 profit rises 5.5%, beats estimates
Oil prices rebound on prospect of US replenishing strategic reserve
Hong Kong central bank keeps key rate unchanged, tracks Fed move
Westports' 1Q net profit rises to RM204.51mil
FBM KLCI nearly flat at lunch break
MAB Engineering secures country's first aircraft maintenance digital certification
Microsoft to invest US$2.2bil in cloud and AI services in Malaysia
Agricore inks underwriting deal with M&A Securities
Malaysia's manufacturing PMI rises to 49.0 in April, suggesting improved GDP growth - S&P Global

Others Also Read