Regulation to boost takaful growth in Nigeria

Source: Middle East Insurance Review | Jul 2023

Takaful has gained traction in Nigeria in recent years but remains small with a limited number of operators in the country. New regulatory guidelines and a focus on the non-interest capital market are expected to help boost growth of takaful in the country. Middle East Insurance Review spoke to inclusive insurance consultant Mr Abdur-Rasheed Babalola for insights.

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