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

Prospects dim for Qatari Takaful

Posted on 12 September 2011

The Qatari insurance and Takaful market is undergoing a slowdown with local firms, mainly operating in the non-life sector. According to reports, total profits for the whole market only grew by 2% in the first half of 2011, compared to a 9% rise in 2010 in the same period.
The report, which includes Qatar Islamic Insurance and al Khaleej Takaful, as well as conventional firms, Qatar General Insurance & Reinsurance, Qatar Insurance and Doha Insurance, was aggregated by Qatar Exchange……………………………………….Full Article: Source

 
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