Takaful insurance, also known as ‘Islamic insurance’, is mainly based on unity and cooperation. It is a mutual agreement between a group of people who are willing to compensate for harm and loss from a fund they will donate collectively. The major shareholder of Takaful insurance is BIMB Holdings Berhad (BHB) with 59.19% shareholding in …
Tag Archives: Family Takaful
Takaful Insurance Market to Generate $97.17 Billion by 2030 with Leading players Abu Dhabi National Takaful Co., AMAN Insurance, Allianz, Prudential BSN Takaful Berhad
According to the report published by Allied Market Research, the global takaful insurance market garnered $24.85 billion in 2020, and is expected to generate $97.17 billion by 2030, witnessing a CAGR of 14.6% from 2021 to 2030. The report offers an extensive analysis of changing market trends, value chain, top segments, top investment pockets, regional scenarios, and …