11.10.2012 - Takaful to change the face of Insurance
Takaful the Islamic alternative to conventional insurance represents a radical new insurance business model that is firing a potentially very big emerging market in the MEA. The MEA insurance market is characterised by a large number of players in a limited market. With a majority of these being unregulated, there exists a cut-throat price war; demanding a need to set up effective regulations that will see the desired consolidation and fuel commercial growth. Takaful the Islamic alternative to conventional insurance represents a radical new insurance business model that is firing a potentially very big emerging market in the MEA...............................................Full Article: Source
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