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Oct 2021

Malaysia's takaful landscape

Source: Middle East Insurance Review | Sep 2021

The development of Malaysia’s takaful market has featured in the government’s plans and, as a result, the growth of the market and the rise in adoption of Islamic finance products over the last decade have been pronounced. However, this growth had not yet translated as strongly into the retakaful market locally in Malaysia despite growing interest and demand from clients, says Munich Re Syndicate Labuan’s Mr James Ng.

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