The Takaful (Islamic insurance) model in Oman, which currently accounts for less than 10% of market share, needs to be suitably "restructured and realigned".
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Egyptian takaful insurance companies have managed to capture 7.6% of the total insurance compensations paid throughout Q1 2016.
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(The following statement was released by the rating agency) SINGAPORE/HONG KONG, June 01 (Fitch) Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of the core insurance operating entities of the Etiqa group, namely Etiqa Insurance...
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Takaful companies in Dubai and beyond have a lot to address
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Takaful Emarat reported net profit of AED 3.3 million in Q1, driven by health and life lines of business.
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Zurich Insurance is set to take full ownership of Malaysia's MAA Takaful after the deal received regulatory approval, giving Europe's fifth-biggest insurer a foothold in the world's second largest Islamic insurance market.
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