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Islamic Finance Briefing - Categorized | Insurance (Takaful) more

Takaful untapped potential ‘immense’

Posted on 03 July 2012

The Takaful industry is currently concentrated in limited markets, segments and business lines. However, there is immense unrealized potential that can be achieved.Ernst & Young’s World Takaful Report 2011 forecast that the current takaful growth trends would suggest $12 billion in gross contributions by 2012.
Excluding Saudi cooperative contributions, total takaful contributions are expected to reach $7 billion by 2012 from $9.1 billion last year…………………………………Full Article: Source

 
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