It was valued at $45.51b last year. The takaful insurance market is projected to register a compound annual growth rate (CAGR ...

The industry’s growth was driven by the increasing demand for Islamic finance products and acceptance of takaful products as the preferred protection schemes. The number of certificates in force ...

The term Takaful refers to Islamic insurance, although those wishing to promote it to a wider global audience prefer to call it cooperative insurance. It covers the full spectrum of insurance products ...

Growing Awareness and Financial Literacy As awareness of Islamic financial products increases, more individuals and businesses are opting for Takaful as an ethical and viable insurance solution.

Increasing Demand for Sharia-Compliant Financial Products The rising preference for ethical and interest-free financial solutions is fueling the demand for Takaful insurance among individuals and ...

Demand for Islamic finance is expected to rise further, as strong economic activity in the Gulf Co-operation Council (GCC) ...

KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL) has entered into a strategic partnership with Salaam Family Takaful ...

from credit-related to advisory and a wide range of general takaful products. “Our collaboration with Bank Muamalat is timely to further strengthen our bancatakaful portfolio as one of our key ...