Looking forward, IMARC Group expects the Malaysia and Indonesia takaful market to continue its strong gro...
South Africa: Takaful offers insurers opportunities in a niche market
Currently, in South Africa, there are only a few companies that offer takaful products, and this creates an opportunity for businesses to think of expanding into a niche market...
Currently, in South Africa, there are only a few companies that offer takaful products, and this creates an opportunity for businesses to think of expanding into a niche market...
Article / 3 days ago
Oman: Restructuring of takaful company bears results
Mr Mohammed bin Abdullah Al-Khonji, chairman and acting CEO of Takaful Oman, has said that the corporate restructuring of the company has led to its improved performance...
Mr Mohammed bin Abdullah Al-Khonji, chairman and acting CEO of Takaful Oman, has said that the corporate restructuring of the company has led to its improved performance...
Article / 15 days ago
Qatar: Local takaful companies post aggregate US$31m in surpluses in 2021
The five local takaful companies in Qatar's market insurance continued to achieve insurance surpluses, which amounted to a total of QAR113m ($31m) in 2021...
The five local takaful companies in Qatar's market insurance continued to achieve insurance surpluses, which amounted to a total of QAR113m ($31m) in 2021...
Article / 25 days ago
Takaful: Several factors challenge sector's growth and development
Despite the steady growth of the takaful industry, the development of the regulatory legislative framework for the sector has not kept pace with it...
Despite the steady growth of the takaful industry, the development of the regulatory legislative framework for the sector has not kept pace with it...
Article / 30 days ago
Malaysia: New accounting standard unlikely to affect major takaful company negatively
The new Malaysian Financial Reporting Standards (MFRS) 17 will not have an impact on the fundamentals of the business of Syarikat Takaful Malaysia Keluarga (STMK)...
The new Malaysian Financial Reporting Standards (MFRS) 17 will not have an impact on the fundamentals of the business of Syarikat Takaful Malaysia Keluarga (STMK)...
Article / 1 month ago
GCC: Takaful sector's net earnings expected to remain modest in 2022-2023
The Islamic insurance sector in the GCC is expected to see gross written premiums/contributions (GWP/C) expand about 10% in 2022 and 5%-10% in 2023, says a new S&P Global Ratings report...
The Islamic insurance sector in the GCC is expected to see gross written premiums/contributions (GWP/C) expand about 10% in 2022 and 5%-10% in 2023, says a new S&P Global Ratings report...
Article / 1 month ago
Insurers' readiness to spin off takaful operations changes after COVID-19
The readiness of insurance companies to spin off their Shariah business units has changed in the wake of the COVID-19 pandemic, according to the...
The readiness of insurance companies to spin off their Shariah business units has changed in the wake of the COVID-19 pandemic, according to the...
Article / 1 month ago
Saudi Arabia: Central Bank approves merger between SABB Takaful and Walaa Insurance
The Saudi Central Bank has approved the merger of SABB Takaful and Walaa Insurance, according to statements lodged by the two companies with Tadawul...
The Saudi Central Bank has approved the merger of SABB Takaful and Walaa Insurance, according to statements lodged by the two companies with Tadawul...
Article / 2 months ago
Malaysia: Digital insurance and takaful to spur insurance penetration
The introduction of digital insurers and takaful operators (DITOs) will help narrow critical protection gaps in Malaysia, says RAM Ratings.
The introduction of digital insurers and takaful operators (DITOs) will help narrow critical protection gaps in Malaysia, says RAM Ratings.
Article / 3 months ago
UAE: Largest takaful company arising from Dar Al Takaful-Watania merger starts trading
Dar Al Takaful (DAT) and Watania announced yesterday the completion of their merger effective on 1 July 2022 pursuant to the merger plan announced on 3 March 2022, and after meeting all required regulatory and shareholders' approvals.
Dar Al Takaful (DAT) and Watania announced yesterday the completion of their merger effective on 1 July 2022 pursuant to the merger plan announced on 3 March 2022, and after meeting all required regulatory and shareholders' approvals.
Article / 3 months ago
