12.02.2013 - RBC framework ensure healthy takaful growth
The risk-based capital (RBC) framework for the takaful industry is a necessary medicine for healthy growth, especially to an industry still very much in a growing stage, says the Malaysian Takaful Association (MTA). "No doubt the takaful RBC (RBCT) is a painful exercise for some, but I take it as the necessary medicine the industry must digest to ensure long-term survivability and to enhance international credibility of the Malaysian takaful industry," MTA's chairman Zainudin Ishak told Business Times...............................................Full Article: Source
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