Cover Story: Takaful - Asia's Diverse Takaful Markets
Source: Asia Insurance Review | Mar 2008
The takaful industry in Asia, led by Malaysia with an aim to see takaful grab a 20% market share by 2010, is booming. Asia is, indeed, spearheading the growth in takaful despite its insurance industry being more developed than the Middle East where takaful first blossomed. As a curtain raiser to the 3rd Asian Takaful Conference, which occurs in Singapore later this month, we take a tour of the budding takaful markets in various parts of Asia and trace the developments and opportunities.
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