In 2023, takaful in Malaysia recorded an operating profit of approximately 55.61 million Malaysian ringgit, a decrease from around 101 million Malaysian ringgit in the previous year. The operating profit of takaful was at its highest in 2018, at nearly 832 million Malaysian ringgit. Takaful is an Islamic insurance based on sharia law, and members contribute money into a pool system to insure against loss or damage.
Operating profit of takaful in Malaysia from 2014 to 2023
(in million Malaysian ringgit)
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Insurance Services Malaysia. (June 26, 2024). Operating profit of takaful in Malaysia from 2014 to 2023 (in million Malaysian ringgit) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1424058/malaysia-takaful-operating-profit/
Insurance Services Malaysia. "Operating profit of takaful in Malaysia from 2014 to 2023 (in million Malaysian ringgit)." Chart. June 26, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1424058/malaysia-takaful-operating-profit/
Insurance Services Malaysia. (2024). Operating profit of takaful in Malaysia from 2014 to 2023 (in million Malaysian ringgit). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1424058/malaysia-takaful-operating-profit/
Insurance Services Malaysia. "Operating Profit of Takaful in Malaysia from 2014 to 2023 (in Million Malaysian Ringgit)." Statista, Statista Inc., 26 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1424058/malaysia-takaful-operating-profit/
Insurance Services Malaysia, Operating profit of takaful in Malaysia from 2014 to 2023 (in million Malaysian ringgit) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1424058/malaysia-takaful-operating-profit/ (last visited November 10, 2024)
Operating profit of takaful in Malaysia from 2014 to 2023 (in million Malaysian ringgit) [Graph], Insurance Services Malaysia, June 26, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1424058/malaysia-takaful-operating-profit/