Source: The Star, 31st May 2010
Promoting takaful via agency is fast gaining prominence with more players now investing significantly to beef up their agency channel and grab a larger slice of the competitive takaful market.
This mode of distribution, according to an industry player, had become more significant in view of the “Takaful For All” approach adopted by newer takaful entrants whereby takaful could be sold or promoted by anyone regardless of faith and religious beliefs.
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Topik: MAA Takaful, Takaful Malaysia, The Star on Apr 24th, 2010 Comments Off
Source: The Star, 24th April 2010
Takaful players of late, have been aggressively scouting for non-bumiputra agents to strengthen their grip in the lucrative Islamic insurance market.
With more existing players looking to enhance their takaful footprint coupled with potential new entries joining the fray, the demand for these agents according to industry observers was expected to surge over the coming years.
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Topik: MAA Takaful, Takaful Malaysia, The Star on Mar 8th, 2010 Comments Off
Source: The Star, 8th March 2010
An acute shortage of talent in the local takaful market, coupled with two new takaful licences to be issued this year in line with the financial sector liberalisation, are expected to put a dampener on the Government’s move to turn Malaysia into an international Islamic financial hub.
An industry observer, who declined to be named, told StarBiz that for the two takaful start-ups to run efficiently, they would need around 100 to 200 people in the first two years of operations.
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