Net earned contributions of takaful in Malaysia 2014 to 2023

Published by
Amanda Siddharta,
Dec 10, 2024

In 2023, the net earned contributions of takaful in Malaysia amounted to around 3.81 billion Malaysian ringgit, a slight increase from around 3.35 billion Malaysian ringgit in the previous year. Takaful is an Islamic insurance based on sharia law, and members contribute money into a pool system to insure against loss or damage.

Net earned contributions of takaful in Malaysia from 2014 to 2023 (in billion Malaysian ringgit)

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Release date

June 2024

Region

Malaysia

Survey time period

2014 to 2023

Supplementary notes

1 Malaysian ringgit is equivalent to 0.24 U.S. dollars and 0.22 euros as of September 2024.

Figures have been rounded.

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