Officials expect the Islamic insurance sector to grow by between
30 and 40% annually over the next three to five years.
And as far as the Executive Director of the Company for Takaful Noor Ahmed Janahi at a conference in Dubai about the size of the sector is currently 2.5 billion dollars, and likely to rise to 11 billion in 2015.
The estimated current assets, which follows Islamic law between 700 billion and a trillion dollars.
His plans for the Lloyds Bank in London, the establishment of a specialized arm of the Islamic re-insurance in the capital of nearly 295 million dollars.
The company expects to "any. C. R" for the Islamic insurance - based in Malaysia - its growth between 15 and 20% during the year.
In the context of the Islamic News Agency related to the classification of the Islamic Development Bank - Jeddah - the ability of Islamic banks to overcome the global financial crisis better than conventional banks.
Significant growth
The President signed the International Islamic Banking The Royal Bank of Scotland growth rates that the Islamic financial sector, although the financial crisis.
In a report to the firm Ernst & Young Advisory expected that the volume of global Islamic insurance market to more than 7.7 billion dollars in 2012.
It said that the global takaful contributions rose to 3.4 billion dollars in 2007 from 2.5 billion dollars in 2006. The total contributions to Saudi Arabia in 2007 about 1.7 billion dollars and 797 million in Malaysia. These two countries are the largest markets for synergy.
The report pointed out that the Gulf Arab countries, Malaysia and Sudan, the largest three-Takaful markets, while still in the Indian subcontinent, Indonesia, Egypt and Turkey, a breakthrough in the least the Islamic market
30 and 40% annually over the next three to five years.
And as far as the Executive Director of the Company for Takaful Noor Ahmed Janahi at a conference in Dubai about the size of the sector is currently 2.5 billion dollars, and likely to rise to 11 billion in 2015.
The estimated current assets, which follows Islamic law between 700 billion and a trillion dollars.
His plans for the Lloyds Bank in London, the establishment of a specialized arm of the Islamic re-insurance in the capital of nearly 295 million dollars.
The company expects to "any. C. R" for the Islamic insurance - based in Malaysia - its growth between 15 and 20% during the year.
In the context of the Islamic News Agency related to the classification of the Islamic Development Bank - Jeddah - the ability of Islamic banks to overcome the global financial crisis better than conventional banks.
Significant growth
The President signed the International Islamic Banking The Royal Bank of Scotland growth rates that the Islamic financial sector, although the financial crisis.
In a report to the firm Ernst & Young Advisory expected that the volume of global Islamic insurance market to more than 7.7 billion dollars in 2012.
It said that the global takaful contributions rose to 3.4 billion dollars in 2007 from 2.5 billion dollars in 2006. The total contributions to Saudi Arabia in 2007 about 1.7 billion dollars and 797 million in Malaysia. These two countries are the largest markets for synergy.
The report pointed out that the Gulf Arab countries, Malaysia and Sudan, the largest three-Takaful markets, while still in the Indian subcontinent, Indonesia, Egypt and Turkey, a breakthrough in the least the Islamic market
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