Malaysia’s Islamic insurers are seeking to double policy holders in five years by investing more in digital technologies to attract a younger audience, according to the industry association’s head.

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PETALING JAYA: Close to 25,000 Malaysians from Gen Y, defined as those below age 35, have become bankrupts over the past five years.

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KUALA LUMPUR, 16 June 2015: A strong majority of Malaysians are optimistic in reaching their investment goals, according to a survey by Franklin Templeton Investments.

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KUCHING, June 15, 2015: The recent earthquake disaster underscored the call by insurance providers such as Prudential Assurance Malaysia Bhd (Prudential) to prepare for the unforeseeable.

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KUALA LUMPUR, 28 May 2015:  Perbadanan Insurans Deposit Malaysia (PIDM) has strengthened its safety net for bank depositors, insurance and takaful policy owners from Deposit Insurance System (DIS) as well as Takaful and Insurance Benefits Protection System (TIPS).

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PETALING JAYA, 26 May 2015: The Islamic Financial Services Act (IFSA) 2013 allows greater flexibility for Islamic banks to structure products, including deposit and investment accounts, said the Association of Islamic Banking Institutions Malaysia's (AIBIM).

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