Annual Reports 2020
The local Takaful industry continued its increasing and active trend towards the promotion of Takaful protection to Malaysians. Over the last 36 years, even though the Takaful industry faced many challenges, the industry kept its relentless pace in responding well to the nation’s aspirations, so that everyone could afford a Takaful coverage. As proof, the Takaful industry had put endless efforts into the Life insurance and Family Takaful (LIFE) framework and the Phased Liberalisation on Motor and Fire Tariff. The industry had been innovative and embraced transparency in its Takaful products and services.
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