The Algerian government has granted licenses to GAM Assurances and Cardif El-Djazair to carry out Takaful activities in Algeria.
GAM Assurances is now authorized to carry out general Takaful insurance [4] operations (P&C insurance) while Cardif El-Djazair can operate in the field of family Takaful insurance (life insurance).
Links:
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-187-january-2022
[4] https://www.atlas-mag.net/en/article/takaful-insurance-0