The Malaysian insurer, part of Maybank, expects to engage external managers more as it boosts investment in Asian equities and domestic property.
Tag : takaful
The new unit aims to create a stronger focus on the firm's Islamic institutional business, both onshore and offshore.
The Singapore regulator is looking to facilitate the industry's expansion by tackling key issues such as a lack of sharia-compliant assets and conflicting codes on supervision and tax treatments.