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 ...

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 ...

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, ...

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 ...

American International Group's Malaysian unit, American International Assurance Bhd., was granted the first international takaful operator license from the country's central bank, Bank Negara Malaysia ...

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 ...

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 ...

Demand for Islamic financial products from the Middle East and Southeast Asia is growing. Etiqa Insurance Pte Ltd. has launched Singapore’s first takaful insurance product in more than a decade, as it ...

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 ...

An appeal has gone to the National Insurance Commission (NAICOM) to withdraw its recent circular which prohibited conventional insurance companies from co-insuring businesses with Islamic insurance ...

The Financial Reporting Council of Nigeria (FRC) has announced plans to incorporate international standards for Islamic finance into the country's financial reporting system. This move aims to better ...

Italian insurance giant Generali is considering a possible joint venture with the Qatar Islamic Bank (QIB) in the high-growth sector of Islamic insurance, or Takaful, Generali said on Tuesday. MILAN, ...