Associations
Global Takaful Group
GTG was formed with the objective of enhancing mutual co-operation among takaful and re-takaful operators in the world.
The origin of Global Takaful Group (GTG) can be traced back to 1995. An informal grouping of six takaful (Islamic insurance) operators was formed under the name of ASEAN Takaful Group which membership was focused on companies operating in the South East Asian region. In 2003, the name was changed to Asian Takaful Group to reflect membership across a larger geographical area.
To accommodate worldwide membership, it was renamed Global Takaful Group and was incorporated as a company limited by guarantee on 15 February 2007 in the tax-heaven of Labuan, Malaysia. Twenty companies became its founding members.
In essence, GTG was formed with the objective of enhancing mutual cooperation among takaful and re-takaful operators worldwide. GTG has undertaken various capacitybuilding initiatives to enhance the role and importance of takaful and re-takaful as components of the entire Islamic finance ecosystem.
GTG choose Malaysia as the secretarial centre due to the high concentration of takaful and re-takaful players and the enabling regulatory and business enviroment.
Area of Services
- Facilitate and provide training/internship among members
- Collaborate with parallel organizations and associations in organizing seminars and specific projects of common interest
Awards/Accolades/Achievements
- GTG has successfully expanded its membership to more than 40 from countries in Asia, the Middle East and Africa. GTG continues to receive interest from new operators.
- For years 2011 and 2012, GTG has successfully organized and arranged interment, seminars and technical trainings for members under its capacity-building agenda.
Contact details
Global Takaful Group Ltd
Labuan Office
Brighton Place, Ground Floor,
No: U0215, Jalan Bahasa,
P.O. Box 80431,
87014 Labuan FT., Malaysia
T +6087 442 899
F +6087 451 899
Global Takaful Group Ltd
Kuala Lumpur Office
Unit A-22-15, Level 22,
Menara UOA Bangsar,
5, Jalan Bangsar Utama 1,
59000 Kuala Lumpur, Malaysia
T +603 2182 1899
F +603 2182 1999
