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GCC Takaful industry to grow at a healthy pace says Alpen Capital

Posted on 14 January 2010

From Cpifinancial.net: The GCC Takaful industry is bucking the trend in the broader economy and continues to growth at a healthy pace. While there are reasons to remain cautious about economic growth in the near term, Alpen Capital expects the Takaful industry to continue to grow faster than GDP (non-oil) for the foreseeable future.
The key factors underpinning the growth potential are regulation, favorable demographics, growing affluence, growth in organised savings and Islamic finance, greater availability of Takaful and Islamic finance products and changing consumer habits………………………………….Full Article: Source

 
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