In tandem with Bank Negara Malaysia (BNM)'s objective of bridging the protection gap, the Malaysian takaful industry is advocating for more affordable products targeting the B40 group (bottom 40% of household incomes), reported Malaysia national news agency BERNAMA. With BNM setting a target of 25% takaful penetration rate in the country by 2020, Malaysia Takaful Association (MTA) chairman Muhammad Fikri Mohamad Rawi said that MTA along with its members have been working hard to achieve the target.