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Global Takaful market to surpass $8.8bln in 2010

Posted on 19 April 2010

From Arabnews.com: The global Takaful industry is well on course to surpass $8.8 billion in contributions in 2010, according to a report. Contributions grew by 29 percent in 2008 to reach $5.3 billion, reveals Ernst & Young’s World Takaful Report 2010.

Saudi Arabia, with contributions totaling $2.9 billion in 2008, and Malaysia with $900 million, are seen as the top two Takaful markets in the world. Sudan is the most significant market outside of the Gulf Cooperation Council (GCC) region and Southeast Asia, with contributions totaling $280 million in 2008…………………………………..Full Article: Source

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