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The dynamics of Malaysian Takaful market: challenges and future prospects

Md. Husin, Maizaitulaidawati (2019) The dynamics of Malaysian Takaful market: challenges and future prospects. Journal of Islamic Finance, 8 (SPEC). pp. 131-137. ISSN 2289-2117

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Official URL: https://journals.iium.edu.my/iiibf-journal/index.p...


While Islamic finance industry has witnessed a tremendous growth across the globe, one of the markets, takaful, still requires attention in order to strengthen their position in the industry as well to increase their market share over their conventional counterparts. In the first part of this study, an overview of takaful and Malaysian takaful market will be discussed. Next, this paper will deliberate the challenges facing the takaful operators in developing the market and lastly, future prospects of takaful business will be discussed. This study is important to policy maker, practitioner and researcher who are dealing in Islamic finance, especially the takaful market. This study is useful as a guideline to revamp strategies in promoting the market as well as in enhancing the understanding on the local takaful market. Keywords: Islamic

Item Type:Article
Uncontrolled Keywords:Islamic finance, takaful, Malaysia, challenges, issues
Subjects:H Social Sciences > HG Finance
Divisions:International Business School
ID Code:87378
Deposited By: Fazli Masari
Deposited On:30 Nov 2020 17:03
Last Modified:30 Nov 2020 17:03

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