With insurance firms gearing at ways of entering the takaful market in Oman, experts in the field have said that Oman could achieve RO42 million in the takaful segment by 2015.
Giving the figure, Gautam Datta, chief executive of Al Madina Insurance said, “The opportunities in takaful are immense and the market is worth $12 billion according to Ernst and Young report 2012. Though there is great potential, it comes with challenges. It depends on how the operators take this opportunity in their stride and move ahead………………………………………..Full Article: Source