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Jul 2026

Takaful Market Profile - Bermuda: Platform for takaful growth

Source: Middle East Insurance Review | Jul 2011

Bermuda is well-positioned to play a key role in the growing takaful industry. In addition to its status as a leading risk capital and its sophisticated legal system rooted in English law, Bermuda’s public and private sectors are actively involved in promoting the development of takaful and the Islamic capital markets. Ms Claire McConway and Ms Kerri Lefebvre of legal firm Conyers Dill & Pearman provide an overview of how takaful and retakaful operations might be structured in Bermuda.

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