Malaysia: ASEAN chairmanship in 2025 to propel takaful market

Source: Middle East Insurance Review | Dec 2024

Bank Negara Malaysia deputy governor Adnan Zaylani said 2025 will be a significant year for Malaysia as it takes on ASEAN chairmanship, which represents a significant opportunity for Malaysia to actively advance regional collaboration across Southeast Asia in critical sectors, including takaful and retakaful.

Mr Adnan said that the timely launch on 8 November of Hijrah27, a three-year strategic plan, by the Malaysian Takaful Association, charted a clear pathway forward, aligned with the vision of making takaful a mainstream solution for Malaysians’ protection needs. M

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