03.09.2012 - Bahrain's takaful growth drops to single digits
The growth of Bahrain's takaful (Islamic insurance) sector dipped to single digits in 2011 for the first time in a decade, while still outpacing growth in conventional insurance, according to data released on Sunday by the country's central bank. Takaful gross contributions grew by 4.25 percent to 40.2 million dinars ($107 million) in 2011, the central bank said in a statement. This compares to 18 percent growth in 2010, with double-digit growth registered in all of the previous 10 years, central bank data shows...............................................Full Article: Source
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