Thu, Aug 21, 2014
A A A
Welcome bhaimia
RSS

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

Takaful market to grow faster than conventional insurance

Posted on 15 January 2010

From Business24-7.ae: Islamic insurance (takaful) is estimated to grow to $3.519 billion (Dh12.91) by the end of 2010 in the Gulf and the industry would grow at a faster pace than conventional insurance, while the compound annual growth rate (CAGR) is expected to be 16.1 per cent during 2009-2012 period, said a research report.

Tommy Trask, Executive Director and Head of Industry Research Services, Alpen Capital, said: “Favourable demographics, growth in organised savings, Islamic finance, regulation and increasing affluence would be key contributors to the growth in GCC’s takaful industry………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

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


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031