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

Saudi Arabia, Malaysia biggest Takaful markets

Posted on 13 April 2010

From Saudigazette.com.sa: Saudi Arabia, with contributions totaling $2.9 billion in 2008, and Malaysia with $900 million are the top two Takaful markets in the world. Sudan is the most significant market outside of the GCC and SE Asia, with contributions totaling $280 million in 2008.
Global compound annual growth rate for Takaful for the period 2005 - 2008 has been 39 percent; the Levant region and Africa grew at 18 percent, the Indian Subcontinent at 135 percent, SE Asia at 28 percent and the GCC at 45 percent………………………………..Full Article: Source

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


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