Malaysia’s takaful industry appears to be more healthy and sustainable compared to its peers in other countries as its development is underpinned by strong fundamentals, says Standard & Poor’s Ratings Services.
The ratings agency said on Wednesday it was more positive on the developments in Malaysia, which is the largest takaful market in southeast Asia. “They are supported by more-sophisticated regulatory oversight and the stronger investment profile of the industry,” it said………………………………………..Full Article: Source