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Islamic Finance Briefing - Categorized | Emerging Trends, Insurance (Takaful) more

Yahya: Huge potential in Takaful business

Posted on 09 May 2011

Deputy Chief Minister Datuk Seri Panglima Yahya Hussin urged Sabahans to participate in the takaful business sector as it has huge potential to expand. He said at present the penetration rate for the conventional insurance business is just a low 42 per cent while for takaful it is eight per cent.
“Both sectors have much room and opportunities for participation,” he said………………………………………Full Article: Source

 
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