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

Takaful insurance companies target $12bln premium this year

Posted on 02 May 2011

Takaful Insurance companies around the world especially in the Middle-East, North Africa and South Asia have set a target of N180billion ($12billion USD) premium generation from takaful insurance for 2011 as the demand by Muslim populations across the globe for the products are on the rise.
Takaful insurance operators at the sixth Annual World Takaful Conference held in Dubai predicted a $12 billion USD premium income from Takaful insurance this year. The $12billion projected premium from takaful insurance represents 31 per cent increase from the $9.15 billion income generated from the Islamic products in 2010………………………………………Full Article: Source

 
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