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MAFI to launch agrofood insurance and takaful scheme in Q2 2022

14 Feb 2022 | Monday Source: Bernama

The agrofood insurance and takaful scheme, which among others provides income protection to farmers whose crops are damaged due to natural disasters or diseases, will be launched in the second quarter of this year, said Agriculture and Food Industries Minister Datuk Seri Dr Ronald Kiandee.

He said the scheme was a necessity nowadays as the agricultural sector is a high-risk sector exposed to various factors.

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