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Islamic Finance Briefing - Categorized | Insurance (Takaful), Performance, Research more

Islamic insurers grow, but face obstacles

Posted on 12 April 2011

How can Islamic insurances, known as Takaful, flourish and expand globally? This is the topic of the sixth edition of the two-day World Takaful Conference in Dubai which was kicked off Sunday and attended by 350 industry professionals.
In the Gulf Arab region, financial products which obey the religious rules of Islamic law, known as Sharia, have seen growth rates of more than 20 percent annually. Islamic insurances even grow by 31 percent globally in 2010, according to the Ernst and Young World Takaful Report 2011……………………………………….Full Article: Source

 
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