Mandarin Re launches Retakaful window

Malaysian reinsurer Mandarin Re has received approval from the Labuan Financial Services Authority (LFSA) to establish a Retakaful window.

The approval enables the company to offer Sharia-compliant reinsurance solutions.

This strategic development is expected to strengthen Mandarin Re’s presence in Malaysia’s rapidly growing Islamic finance market and support its expansion in the Retakaful segment.