THE growth potential for the takaful industry will remain positive with the entry of new industry players, said Bank Negara.
In its Takaful Annual Report 2002, the central bank said the industrys market share expanded further to 5.5% of insurance sector contributions (total takaful and insurance industry) last year from 4.8% a year earlier, led by growth in combined contributions of both the family and general takaful business of 27% from RM787.6mil to RM1bil last year.
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