Country Profile - Takaful Market Sizzles with New Entrants
Source: Asia Insurance Review | May 2007
It’s an exciting time for the takaful industry in Malaysia with the entry of four new consortiums and joint ventures between domestic and foreign financial institutions promising to grow the nascent industry which currently has only a 5% penetration. Ms Shakun Ashoka Raj of Asia Insurance Review presents this roundup on the takaful market, including interviews with six of the nine takaful operators.
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