2020 Outlook for Malaysia’s Takaful Industry Remains Positive Despite COVID-19: Malaysian Takaful Association

Whilst Malaysia’s Takaful industry has not been spared from the effects of the COVID-19 pandemic, the Malaysian Takaful Association (MTA) maintains a positive outlook for the sector for 2020.

Speaking at the virtual Takaful StarNite 2020 event held on the 28th of October 2020, MTA Chairman, Muhammad Fikri Mohamad Rawi commended the proactive agents in the industry as well as various initiatives taken by the country’s Takaful industry to maintain positive penetration momentum. Rawi noted that Takaful agents embraced digital platforms and technology to creatively promote Takaful products and services in Malaysia.

Deputy Chairman of the MTA, Elmie Aman Najas, noted that Mala...