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Jun 2024

Pace of takaful consolidation picks up

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Source: Middle East Insurance Review | Sep 2023

The issue of M&A in the takaful industry has attracted wide attention over the past years due to the large number of players and many weaknesses, which in turn reflected negatively on market results and profitability. The takaful sector in the UAE has been witnessing notable M&A activity and the trend is expected to continue.

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