In September 2009, RGA began operating a Retakaful Window in Labuan, Malaysia as part of our commitment to serving the family takaful market. We adopted the Wakalah-Mudharabah operating model. With the guidance of RGA’s Shariah Council and our experienced local leadership team, we are playing a key role in helping takaful operators achieve strategic and financial success.
Takaful is a system of Shariah-compliant insurance that is based on the principle of mutual assistance and voluntary contribution for the common good. Risks are shared collectively and voluntarily by a group of participants. Takaful and retakaful are the Shariah-compliant alternatives to conventional insurance and reinsurance, respectively.
Please contact us to learn how we can bring our knowledge, expertise and financial strength to help you succeed in the family takaful market