22.07.2011 - MENA countries lead Sharia-compliant Takaful growth
Takaful, Ernst & Young’s Sharia-compliant cooperative insurance program is expected to grow globally reaching $25 billion by 2015, the company said on Thursday. While Saudi Arabia, the UAE and Malaysia are currently the top three Takaful markets, Egypt, Bangladesh, Sudan, and Pakistan’s markets are rising at a rapid pace. Takaful’s contributions are expected to reach $12 billion by the end of this year..............................................Full Article: Source
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