Islamic reinsurance gets facelift


ISLAMIC reinsurance (retakaful) is getting a face-lift because of new entrants and a widening market for syariah-compliant insurance products, helping move the industry away from long-standing reliance on conventional reinsurance lines.

Takaful is a bellwether of consumer appetite for Islamic financial products; its largest markets include Saudi Arabia, the United Arab Emirates and Malaysia.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , takaful , market ,

   

Next In Business News

Dollar slumps 1% on report of narrower Trump tariffs
MAHB takeover offer deadline extended to Jan 17
Keyfield to acquire platform supply vessel for RM79mil
Leong Hup granted leave to review MyCC's decision on price-fixing
Aizo Group shortlisted to develop 99.99 MW LSS plant in Perak
Ringgit closes lower as signs of US economic recovery spur demand for greenback
Malaysia’s end-Dec palm oil stocks decline for third straight month on lower output
Kumpulan Kitacon bags RM66mil residential construction job
CBH Engineering’s IPO shares for public oversubscribed by 34 times
FBM KLCI stays in the red as Petronas-linked stocks weigh

Others Also Read