Business Insurance will be back online in October. Please check back then to subscribe/register.

All existing subscriptions will be honored. Contact info@businessinsurance.com with any questions.

GLOBAL FOCUS

Malaysia set to become major takaful operator: Ernst & Young

Comments Email Reprints

Ernst & Young L.L.P. has said that Malaysia has the potential to become a major takaful hub, reports The Malay Mail Online.

EY's global Islamic finance leader, Ashar Nazim, said local takaful operators have the ability to expand into the Association of Southeast Asian Nations region and globally. The country's takaful industry is expected to grow to $3 billion in 2014, Ernst & Young said. Datuk Rauf Rashid, managing partner of Ernst & Young Malaysia, said the region presents major takaful opportunities.

Read more

More from BI