| From Business24-7.ae: The Takaful, Islamic insurance, sector will continue to experience steady growth momentum this year, said financial analysts. This will be driven by a growing number of individuals and corporates opting for Takaful insurance cover, improving regulatory mechanism and increasing government support, they said.
"Across the board in the GCC there is growing appetite for Takaful and the industry is very much in growth mode. Appetite continues to grow from both individuals and corporate institutions, who are looking to purchase policies on behalf of their employees," David Hunt, Head of Insurance, HSBC Middle East, said........................................Full Article: Source |