28.04.2009 - Takaful penetration to grow to 12 pct by 2012
From Bernama: The Government's move to allow greater tie-up among local insurance and takaful operators with foreign partners would help to increase the takaful industry penetration, an industry player said. Takaful Ikhlas Sdn Bhd president and chief executive officer, Syed Moheeb Syed Kamarulzaman, said with the liberalisation he expected the takaful industry penetration to grow to 12 percent by 2012, from about seven percent of the local insurance market currently......Full Article: Source
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