Embracing a digital omnichannel future
Source: Middle East Insurance Review | Dec 2022
The takaful market is rapidly gaining momentum, underpinned by robust demand from consumers seeking shariah-compliant solutions. Takaful was valued at $25.1bn in 2021 and is expected to reach $55.6bn by 2028, a CAGR of 14.2% over the forecast period. The GCC leads in its adoption, with the UAE home to the second-largest market, says SALAMA’s Mr Fahim Al Shehhi.
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine SUBSCRIBE