KUALA LUMPUR: The Malaysian takaful industry, although growing
faster than its conventional counterpart, is facing challenge in talent
as it faces increase competition moving forward.
Malaysia
Takaful Association chairman Zainudin Ishak said takaful operators are
facing a lack of skilled and knowledgeable staff who are technically
conversant in syariah principles underlying takaful business.
He said the lack of availability of good talent is a "perpetual challenge" facing the industry.
He
said the Malaysian takaful industry is expected to continue its growth
momentum - nothing less than double digit - and will need to further
enhance and strengthen its human capital by attracting, recruiting and
retaining talent.
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