Malaysia's microtakaful expands to rural areas
#islamicfinance - #Malaysia’s #takaful industry is set to double its growth rate this year as companies focus on selling cheaper policies in rural areas, according to the Malaysian Takaful Association. The number of policies will rise 10 % to 5.05 mn in 2016, compared with 4.3 % growth in 2015 and a 1 % estimated expansion of non-Islamic business, Ahmad Rizlan Azman, chairman of the Association, said.
Syndicate
