"The growth in the takaful industry is double-digit and is here to stay," said Safder Jaffer, managing director & consulting actuary of Milliman, the actuarial firm that prepared the Global Takaful Report. "However, to continue to meet profitability, the industry would need to meet customer needs and embrace modern technology and global best risk management practices," Jaffer added. Related stories: Favourable growth in Malaysian market Sharia economic zone planned in Jakarta Malaysian takaful sector to continue growing – Fitch