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

Key takaful industry booming in Bahrain

Posted on 24 June 2011

The takaful industry in Bahrain is booming as people are favouring Sharia-compliant insurance. Takaful total contributions grew by 16.5 per cent to reach BD13.4 million ($35.6m) in the first quarter of the year compared with BD11.5m for the same period last year, according to the Central Bank of Bahrain (CBB).
But traditional insurance still took the largest share of the market, down slightly at BD43.3m in the first quarter compared to BD44.1m last time………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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