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Islamic Finance Briefing - Categorized | Insurance (Takaful) more

MENA insurance sector still ‘immature’

Posted on 16 October 2012

The Middle East North Africa (MENA) regional insurance and takaful market is expected to rise just under 5 percent this year, despite tough economic conditions across the region, ratings agency A.M. Best in a report.
The insurance, reinsurance, takaful and cooperative markets within the Middle East and North Africa (MENA) continue to offer opportunity for growth, although the global slowdown of financial markets and political instability in the region threaten to dampen prospects for some companies, ratings agency A.M. Best said in its October “Market Review”………………………………………..Full Article: Source

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