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Takaful tag returned 101 results

  • Structural factors to drive growth in Malaysian takaful

    Malaysia's takaful growth continues to outpace the conventional insurance sector, driven by stable domestic consumption and government efforts to reach out to the mass-market, says Fitch Ratings.

    Agents | 16 Jan 2018
  • Indonesia: Lack of capital hampers spin-off of takaful units

    The lack of capital is the main obstacle that is hampering insurance companies with takaful windows from spinning off the Islamic insurance units into independent takaful operators, according to the OJK's Director of Non Bank Financial Industry, Mr Mochamad Mukhlasin.

    Middle East | 11 Jan 2018
  • UAE: Merger creates biggest takaful operator in the country

    Takaful Emarat has agreed a deal to buy Al Hilal Bank's takaful unit in a cash deal it said will create the biggest Islamic insurance business in the UAE, based on 2016 contribution figures.

    Middle East | 20 Dec 2017
  • Oman: Insurers to enjoy robust growth to 2021

    The insurance market in Oman is projected to reach US$2.1 billion in 2021, which translates into a five-year CAGR of 12.1%, according to Alpen Capital in a report.

    Middle East | 20 Dec 2017
  • GCC: Takaful companies see improved profitability

    Regulatory changes in some Gulf Cooperation Council (GCC) countries have pushed up insurance prices, particularly for motor and medical cover, improving the underwriting profitability of the region's insurers, including takaful operators, says Moody's Investors Service.

    Middle East | 18 Dec 2017
  • Indonesia: First Shariah insurance company goes public

    PT Asuransi Jiwa Syariah Jasa Mitra Abadi (JMA Syariah) plans to launch an initial public offering (IPO) this month, the first Islamic insurer to go public on the Indonesia Stock Exchange. The IPO is expected to raise up to IDR60 billion (US$4.44 million).

    Asia | 06 Dec 2017
  • Morocco: Takaful rules expected to be issued in 1H of 2018

    Long-awaited rules for takaful are expected in the first half of 2018, according to industry players.

    Middle East | 30 Nov 2017
  • Global: Takaful growing at 9% a year to exceed US$52 bln

    The global takaful sector has grown at an annual rate of 9%, in line with growing international interest and is expected to reach US$52.5 billion by 2020, according to a report released by the Dubai Centre for Islamic Banking and Finance (DCIBF).

    Middle East | 29 Nov 2017
  • UAE: Retakaful firm's fate hangs in the balance

    Emirates Retakaful has announced changes in the senior management team and that it is looking at a potential sale of the company.

    Middle East | 28 Nov 2017
  • Malaysia: Insurers offer 10 easy and affordable plans

    Malaysia-based insurance companies have rolled out 10 affordable protection plans under Perlindungan Tenang - a national initiative supported by Bank Negara Malaysia to serve the needs of all Malaysians.

    Asia | 28 Nov 2017

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