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Syarikat Takaful up 6% on firm 4Q earnings, positive outlook theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
Takaful market projected to grow $44bn by 2024 14 Feb 2021 - 8:50 Deepak John/ The Peninsula With growing number of companies entering into Takaful market, this industry is estimated to expand to $44bn in the next three years, said an industry expert while addressing a webinar on Takaful sector. Experts highlighted the importance of Family Takaful during the first SEIB Takaful webinar hosted by SEIB Insurance and Reinsurance, recently. Saleh Imam, Takaful Director at SEIB Insurance and Reinsurance, made the introductory remarks during the webinar on ‘Islamic Insurance series of Family Takaful or the Group Life Insurance’. Mufti Irshad Ahmad Ijaz, member, advisor and Chairman of the Shariah Supervisory Board of several banks, financial institutions said, the word ‘Takaful’ originates from the Arabic word kafala which means to look after each other. ....