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

Malayasia: The going gets tough for takaful industry

Posted on 09 September 2010

From Btimes.com.my: Malaysia’a takaful industry is expected to step up its performance now that an additional four operators have been issued licences to start business next year, said industry players. Takaful operators were caught unaware last week when Bank Negara Malaysia announced four new licences instead of two.
“With 12 operators in the country now, we have to work harder to gain market share and profits,” said an executive from a takaful group that has been in operation for more than 10 years……………………………………….Full Article: Source

 
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