Syarikat Takaful Malaysia Bhd (Takaful Malaysia) expects revenue contributions from its Indonesian operations to easily increase to 20 per cent once the ruling on sales of takaful products by stand-alone takaful companies comes into force in 2015.
Group managing director, Datuk Hassan Kamil, said currently the Indonesian operations contributed about 10 per cent.“Our takaful company in Indonesia is a stand-alone company.“So by then we hope the competition will be more equal and fair.“Currently, the playing field is not level...............................................Full Article: Source
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