Insights into the Malaysian family takaful market: the scope for growth
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12 takaful operators providing family takaful products. Total contribution is around RM 4.2 billions. Average growth rate is around 22%. The market will double every five years. Only slightly more than half (54%) of the population have either life insurance or family takaful. Family takaful penetration is still low at 11%.
Family takaful , Takaful
Alhabshi, Syed Othman. (2013, June 19-20). Insights into the Malaysian family takaful market: the scope for growth. Paper presented at the 4th Annual World Takaful Conference: Family Takaful Summit, at Concorde Hotel, Kuala Lumpur, Malaysia.