Thu, Jul 24, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Insurance (Takaful) more

Takaful: Africa has huge potential, but also challenges

Posted on 21 February 2013

Takaful prospects for the African market has huge potential but also posed challenges which must be faced and met by the takaful industry if it is to get a foothold on the continent. Some of the challenges included the lack of public awareness about the takaful industry, as well as the lack of available financial infrastructure necessary for the industry to truly kick off in Africa.
Managing Director of Africa Retakaful Omar Gouda said that the industry needs to provide solutions through a variety of means that people trust and understand. “The products that we are supplying, the distribution channels we are employing, and the rules and regulations we adhere to, must all be understood clearly by everyone,” he said………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031