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Bahrain’s takaful growth drops to single digits

Posted on 03 September 2012

The growth of Bahrain’s takaful (Islamic insurance) sector dipped to single digits in 2011 for the first time in a decade, while still outpacing growth in conventional insurance, according to data released on Sunday by the country’s central bank.
Takaful gross contributions grew by 4.25 percent to 40.2 million dinars ($107 million) in 2011, the central bank said in a statement. This compares to 18 percent growth in 2010, with double-digit growth registered in all of the previous 10 years, central bank data shows………………………………………..Full Article: Source

 
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