DUBAI (Reuters) - The emerging Islamic insurance or takaful industry could grow at 30-40 percent annually in the next three to five years as more people switch from conventional to Islamic insurance, ...

Industry sees debate over who should cover fund deficits Hybrid form of takaful leads to conflicts of interests MANAMA, May 30 (Reuters) - The Islamic insurance industry, or takaful, is debating who ...

The global takaful insurance market was valued at $24.85 billion in 2020, and is projected to reach $97.17 billion by 2030, growing at a CAGR of 14.6% from 2021 to 2030. Takaful is a type of Islamic ...

Islamic financial planning is a holistic approach to financial advice that helps clients achieve short- and long-term financial goals within the confines of Islamic law. One of the cornerstone ...

LONDON, 28 November 2005 -- Insurance, especially Islamic insurance (Takaful), is set to increase dramatically in the Gulf Cooperation Council (GCC) states, especially Saudi Arabia, over the next few ...

Renowned Shariah scholars from the Islamic finance industry discuss the principles and benefits of Takaful, an Islamic insurance model based on the principles of mutual cooperation, solidarity and ...

Islamic Insurance Company of Jordan stands out as the deserving winner of the country’s bancatakaful provider award. This recognition highlights its exceptional performance and strategic enhancements ...

MANILA, Philippines – With insurance penetration still below target, the Insurance Commission (IC) is turning to stronger ...

THE DEPARTMENT of Finance (DoF) is weighing fresh issuances in the Islamic bond market after the government’s maiden sukuk sale in 2023 drew strong investor demand, as regulators move to deepen ...

The Federal Government, on Wednesday, announced plans to integrate Islamic finance accounting and auditing standards into Nigeria’s financial reporting system, a move aimed at boosting transparency, ...