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Islamic insurers eye global market

Posted on 08 April 2010

From Thebanker.com: The long-term prospects for takaful Islamic insurance are good, given its focus on populations that are currently underinsured. But intense competition is squeezing profit margins in the short term.

Some 30 years on from the establishment of the world’s first takaful Islamic insurance company - the Sudanese Islamic Insurance Company - takaful is still a relative fledgling in the sharia-compliant universe………………………………………..Full Article: Source

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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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