Interviews - The winding road of takaful
Source: Asia Insurance Review | Jul 2009
Takaful no doubt brings a promise of growth to operators and of risk protection to consumers, particularly in markets that have objected to conventional insurance. Yet problems as fundamental as varying interpretations of the Islamic law and the lack of consumer awareness persist. Mr Daniel Staib, Vice President, Senior Economist, Economic Research & Consulting, Swiss Re, discusses the roadblocks to takaful’s progress, as well as the growth it has made and is set to make.
By Ms Manuelita Contreras
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