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Islamic Finance Briefing - Categorized | Insurance (Takaful) more

Takaful to boost UAE insurance sector

Posted on 10 November 2011

With seven Takaful companies currently operating in the UAE and five new Takaful providers set to launch shortly, the Takaful industry in the UAE has witnessed remarkable growth over the last five years.
“The Takaful growth rates speak for themselves: the CAGR of the Takaful market in the UAE was 135 per cent from 2005-08 and this figure is set to increase,” Takaful Emarat general manager Ghassan Marrouche said at the 8th Middle East Insurex………………………………………..Full Article: Source

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