Malaysia: New test for takaful agents vexes operators

Source: Middle East Insurance Review | Aug 2012

The new testing standards for takaful agents in Malaysia, introduced in April this year, is causing concern for takaful operators as the average passing rate for those taking the Takaful Basic Examination (TBE) has plummeted to around 10%, disrupting the plans of many takaful companies to grow their agency force amid keen competition, said industry executives who spoke to Middle East Insurance Review (MEIR).

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