Uptick in takaful disbursement in 2023


Malaysian Takaful Association chairman Elmie Aman Najas.

PETALING JAYA: Malaysia’s family takaful penetration rate fell marginally to 19.58% in 2023, as compared to 2022’s rate of 20.06%.

This was despite the increasing population, which grew by 678,500 people last year, outpacing 2022’s population growth of 401,600 people.

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