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Islamic Finance Briefing - Categorized | Insurance (Takaful), Market Moves more

What is needed to take takaful industry to next level?

Posted on 06 April 2011

A critical factor that will determine the success in taking the takaful industry to the next level of development is the existence of players with the right quality and calibre. Besides that, Bank Negara deputy governor Datuk Mohd Razif Abd Kadir said players readiness in terms of capacity and capability to formulate and execute successful strategies in response to new market opportunities were also paramount.

‚ÄúResponsiveness to consumer needs is a crucial test that defines success. The takaful industry in Malaysia has never been about syariah conformity being its only value proposition……………………………………..Full Article: Source

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