65202
Family retakaful
Family retakaful involves the provision of reinsurance services specifically for family takaful, which is a type of Islamic insurance that covers life and health risks. This activity ensures that takaful operators can manage their risk exposure by sharing it with other insurers, adhering to Shariah principles.
Foreign equity capped
Foreign equity capped at 70%.
- Foreign equity
- 70%
- Capital floor
- None
- Setup timeline
- 8–12 wk
Standard Sdn Bhd RM 1
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 65202 pre-filled
Investment policy
Foreign ownership rules
Foreign ownership rules
- Insurance / TakafulcappedBNM
Foreign equity in insurers and takaful operators historically capped at 70%; some flexibility for strategic partners. BNM approval required.
Foreign cap: 70%Source
Sourced from MIDA sector booklets and respective regulators. Verify the latest rules with the regulator before investment decisions.
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 65202 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.