1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Malaysia Takaful Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Insurance Type
6.1 Family Takaful
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 General Takaful
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Offline Channel
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Online Channel
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by State
8.1 Johor
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Kedah
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Kelantan
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Kuala Lampur
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Labuan
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Indonesia Takaful Market
9.1 Market Overview
9.2 Market Performance
9.3 Impact of COVID-19
9.4 Market Forecast
10 Market Breakup by Insurance Type
10.1 Family Takaful
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 General Takaful
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Distribution Channel
11.1 Offline Channel
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Online Channel
11.2.1 Market Trends
11.2.2 Market Forecast
12 Market Breakup by State
12.1 Jakarta
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 East Java
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 West Java
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 Central Java
12.4.1 Market Trends
12.4.2 Market Forecast
12.5 Riau
12.5.1 Market Trends
12.5.2 Market Forecast
12.6 Others
12.6.1 Market Trends
12.6.2 Market Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Takaful Regulations
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 AIA Group Limited
17.3.1.1 Company Overview
17.3.1.2 Business Overview
17.3.1.3 Financials
17.3.1.4 SWOT Analysis
17.3.2 Asia Capital Reinsurance Group Pte. Ltd. (Catalina Holdings (Bermuda) Ltd.)
17.3.2.1 Company Overview
17.3.2.2 Business Overview
17.3.2.3 Financials
17.3.3 Etiqa General Takaful Berhad
17.3.3.1 Company Overview
17.3.3.2 Business Overview
17.3.4 Hong Leong Msig Takaful Berhad
17.3.4.1 Company Overview
17.3.4.2 Business Overview
17.3.5 MAA Group Berhad
17.3.5.1 Company Overview
17.3.5.2 Business Overview
17.3.5.3 Financials
17.3.6 Munich Re Group
17.3.6.1 Company Overview
17.3.6.2 Business Overview
17.3.6.3 Financials
17.3.7 Prudential BSN Takaful Berhad
17.3.7.1 Company Overview
17.3.7.2 Business Overview
17.3.7.3 Financials
17.3.8 Sun Life Malaysia
17.3.8.1 Company Overview
17.3.8.2 Business Overview
17.3.9 Syarikat Takaful Malaysia Keluarga Berhad
17.3.9.1 Company Overview
17.3.9.2 Business Overview
17.3.9.3 Financials
17.3.10 Takaful IKHLAS (MNRB Holdings Berhad)
17.3.10.1 Company Overview
17.3.10.2 Business Overview
List of Figures
Figure 1: Malaysia and Indonesia: Takaful Market: Major Drivers and Challenges
Figure 2: Malaysia: Takaful Market: Sales Value (in Million US$), 2018-2023
Figure 3: Malaysia: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Malaysia: Takaful Market: Breakup by Insurance Type (in %), 2023
Figure 5: Malaysia: Takaful Market: Breakup by Distribution Channel (in %), 2023
Figure 6: Malaysia: Takaful Market: Breakup by State (in %), 2023
Figure 7: Malaysia: Takaful (Family Takaful) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Malaysia: Takaful (Family Takaful) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Malaysia: Takaful (General Takaful) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Malaysia: Takaful (General Takaful) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Malaysia: Takaful (Offline Channel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Malaysia: Takaful (Offline Channel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Malaysia: Takaful (Online Channel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Malaysia: Takaful (Online Channel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Johar: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Johar: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Kedah: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Kedah: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Kelantan: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Kelantan: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Kuala Lumpur: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Kuala Lumpur: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Labuan: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Labuan: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Others: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Others: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Indonesia: Takaful Market: Sales Value (in Million US$), 2018-2023
Figure 28: Indonesia: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Indonesia: Takaful Market: Breakup by Insurance Type (in %), 2023
Figure 30: Indonesia: Takaful Market: Breakup by Distribution Channel (in %), 2023
Figure 31: Indonesia: Takaful Market: Breakup by State (in %), 2023
Figure 32: Indonesia: Takaful (Family Takaful) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Indonesia: Takaful (Family Takaful) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Indonesia: Takaful (General Takaful) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Indonesia: Takaful (General Takaful) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Indonesia: Takaful (Offline Channel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Indonesia: Takaful (Offline Channel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Indonesia: Takaful (Online Channel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Indonesia: Takaful (Online Channel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Jakarta: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Jakarta: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: East Java: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: East Java: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: West Java: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: West Java: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Central Java: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Central Java: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Riau: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Riau: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Others: Takaful Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Others: Takaful Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Malaysia and Indonesia: Takaful Industry: SWOT Analysis
Figure 53: Malaysia and Indonesia: Takaful Industry: Value Chain Analysis
Figure 54: Malaysia and Indonesia: Takaful Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Malaysia and Indonesia: Takaful Market: Key Industry Highlights, 2023 and 2032
Table 2: Malaysia: Takaful Market Forecast: Breakup by Insurance Type (in Million US$), 2024-2032
Table 3: Malaysia: Takaful Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 4: Malaysia: Takaful Market Forecast: Breakup by State (in Million US$), 2024-2032
Table 5: Indonesia: Takaful Market Forecast: Breakup by Insurance Type (in Million US$), 2024-2032
Table 6: Indonesia: Takaful Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 7: Indonesia: Takaful Market Forecast: Breakup by State (in Million US$), 2024-2032
Table 8: Malaysia and Indonesia: Takaful Market: Competitive Structure
Table 9: Malaysia and Indonesia: Takaful Market: Key Players