Education Series

Education Series

Introductory Guide

Family Takaful
This is an introductory guide to help you understand how family takaful works. It gives you some basic information so that you can ask your takaful operator the right questions, understand the answers and make the right choice before you participate in any takaful plan.
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Introductory Guide

Motor Takaful
This is an introductory guide to help you understand how motor takaful works. It gives you some basic information so that you can ask your takaful operator the right questions, understand the answers and make the right choice before you participate in any takaful plan.
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Introductory Guide

Investment-Linked Takaful
This is an introductory guide to help you understand how investment-linked takaful works. It gives you some basic information so that you can ask your takaful operator the right questions, understand the answers and make the right choice before you participate in a takaful plan.
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Country Specific

Malaysia

The Story of Gap

Charting Takaful Growth in Malaysia
Malaysian Takaful Association ("MTA") In collaboration with Actuarial Partners Consulting Sdn Bhd have estimated the protection gap ("the gap") in Malaysia as at 2012.

The three key components considered in the study are:
- The estimated protection gap in Malaysia, by market segments.
- Key reasons underlying the protection gap.
- Potential strategies to minimise the protection gap.
Published By: Malaysian Takaful Association
 
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Surplus-Sharing Practices

of Takaful Operators in Malaysia
In takaful (Islamic insurance), surplus in the takaful fund will emerge when the overall operations of the fund perform better than expected, i.e. when the underwriting, investment and expense management yield favourable results. Surplus, in general, refers to the excess amount of contributions available in the takaful fund after taking into account total claims paid, amount payable for takaful contributions, reserves allocated and investment profits accrued to the fund.
ISRA International Journal of Islamic Finance
Vol. 7 . Issue 1 . 2015

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Goods and Services Tax

Takaful FAQs (Malaysia)
Goods and Services Tax (GST) is a multi-stage tax on domestic consumption. GST is charged on all taxable supplies of goods and services in Malaysia except those specifically exempted.
Published By: OCBC Bank
V2 (7 April 2015)

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Central Compendium 2015

Malaysian Takaful Dynamics
Central Compendium on Malaysian takaful. This Central Compendium aims to enhance industry awareness and learnings in building a strong and sustainable takaful industry.
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