Takaful insurance strained by the Arab Spring

Sharil Azuar Jimin, chairman of Global Takaful Group, revealed at the 8th Conference on takaful held in Singapore on May 20 that islamic insurers have reconsidered their approach to MENA markets.
Crédit photo: Atlas magazine

Their concerns relate in particular to Syria and Egypt, which were potentially promising but whose approach is decreasing today. In contrast, Malaysia has experienced unprecedented series of mergers and acquisitions over the past three years, with a second wave of consolidation preparing to emerge. According to Azuar Jimin, the United Arab Emirates, Qatar, Bahrain, Saudi Arabia and Malaysia will drive the growth of islamic insurance in the next three years.

Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits