IslamicFinance.de

Malaysia’s biggest Islamic insurers plan to develop in Indonesia, taking advantage of industry growth that is almost three times the pace of their home market and ampplyfying the wealth in the world’s most populous Muslim country.
It seems that Mayban Ageas, the nation’s largest insurer, is thinking about an acquisition in Indonesia. Syarikat Takaful Malaysia, the second-biggest, forsees its Indonesian unit generating 50% of its profits, from less than 10% now.