Impact of the Government Service Tax (GST) on the Malaysian takaful industry: issues and challenges

• Main Authors: Che Mohd Salleh, Marhanum, Yussof, Sheila Ainon, Abdullah, Nurdianawati Irwani
• Format: Article
• Language: English; English
• Published: Amer Scientific Publishers 2018
• Subjects: HG4001 Financial management. Business finance. Corporation finance.; HG8719 Islamic Insurance Takaful
• Online Access: http://irep.iium.edu.my/47226/19/47226_Impact%20of%20the%20Government%20Service%20Tax%20%28GST%29_MYRA.pdf; http://irep.iium.edu.my/47226/2/47226_Impact%20of%20the%20Government%20Service%20Tax%20%28GST%29_WOS.pdf; http://irep.iium.edu.my/47226/; https://www.ingentaconnect.com/contentone/asp/asl/2018/00000024/00000005/art00040?crawler=true&mimetype=application/pdf

Malaysia is reputed to be a leader in the Takaful industry within the ASEAN region commanding a market share that exceeds 70 percent of gross Takaful contribution. The industry however is not exempted from the recent implementation of the Malaysian Goods and Services Tax (GST) in April 2015. This st...