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Events - Takaful: A Viable Alternative

Source: Asia Insurance Review | Apr 2006

More than 100 delegates from around the world attended the 2nd International Symposium on Takaful in Langkawi, Malaysia, in February which gave updates on the takaful industry and continued the discourse in takaful being a realistic alternative to conventional insurance. Organised by the Islamic Conferences Group, the conference saw both speakers and delegates debating on the huge potential of this class of business in light of the fact that, although Muslim countries represent 25% of the world population, it accounts for only about 5% of the global insurance premium. Our Takaful Journalist Mr Hafiz Mohamed fills in on the details.

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