Takaful industry shows robust 18% net contributions increase - MTA

KUALA LUMPUR: The Malaysian Takaful Association (MTA) said the robust growth of 18 per cent and 23 per cent market share of net contributions highlighted the industry’s strong growth in 2022.

MTA chairman Elmie Aman Najas said the industry is witnessing a strong demand for takaful products as more and more Malaysians recognise the importance of protecting themselves and their families against financial risks.