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

Steady growth expected for takaful market

Posted on 21 September 2012

The global takaful industry continued to demonstrate a strong growth rate in 2010 at a rate of 22.9pct (USD13.7 billion) as compared to the previous year’s 17.7pct (USD11.1 billion), said KFH Research Limited on Thursday.
The Gulf Cooperation Council (GCC) market contributed USD5.7 billion, Middle East (Non-Arab) at USD5.3 billion and South East Asia contributions stood at USD1.9 billion, said KFH, quoting the 2012 Global Islamic Financial Forum (GIFF) report………………………………………..Full Article: Source

 
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