Islamic insurance registered a growth of 17% in 2018, as Shariah-based insurance business appeals to more in the Sultanate.
The Tunisian insurance sector saw premium income decrease by 5.8% to TND726.3m ($255m) in the first quarter of 2019, compared to the corresponding quarter in 2018 when premiums increased by 12.2%, according to data from the General Insurance Committee (CGA),
The Financial Regulatory Authority has said that takaful companies looking to make a switch to offering conventional insurance plans will have to comply with new guidelines.