19.05.2010 - GCC to hold 70.4pct share in Takaful growth
From Business24-7.ae: Takaful premiums are estimated to increase by 30 per cent to $8.9 billion (Dh32.6bn) this year globally with GCC holding a lion's share of 70.4 per cent of the total, and this growth is expected to continue, backed by strong fundamentals, said an executive from Kuwait Finance House. "Even as short term growth of Islamic finance is likely to have an impact of the weak global financial performance, the medium to long term prospects are quite strong," said Baljeet Kaur Grewal, Managing Director and Vice-Chairman, Kuwait Finance House..........................................Full Article: Source
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