Wethaq Takaful Insurance Company - Egypt (Wethaq Egypt) aims to increase its issued capital to EGP750m ($15.9m) within the next three years to boost its financial solvency and support future growth plans, according to Mr Antar Gad, the company's Chairman.
The Financial Services Authority (OJK) has officially revoked the establishment permit of the Shariah window of Manulife Indonesia, according to local news reports.
Gross written premiums in the Algerian insurance market grew to DZD143bn ($1.1bn) in the first nine months of 2025 (9M2025), registering a growth of 7.3% compared to the corresponding period of the past year, according to a recent report issued by the National Insurance Council (CNA).
The takaful sector experienced steady growth during 2025, with global takaful assets expanding at an estimated rate of 15-17% annually, according to Mr Zubair Mughal, an expert in Islamic banking and finance.
The Islamic insurance industry in Indonesia will be tested in various fundamental aspects as it enters 2026, according to the Head of the Islamic Reinsurance Research and Development Division of the Indonesian Islamic Insurance Association (AASI), Ms Tati Febriyanti.
The bancassurance sector maintained its growth momentum, registering a 6.6% increase in 2024. The total premiums generated amounted to MAD20.5bn ($2.25bn), collected through banks network, finance companies, payment institutions, and microcredit associations, according to the Insurance and Social Security Supervisory Authority (ACAPS).
2025 has to date represented a challenging yet transformative period for Oman's insurance sector, says BADRI Management Consultancy, an international actuarial and risk consulting company.
Growth in Qatar's takaful sector has been underpinned by trust, customer awareness, and evolving preferences, according to insights from Qatar Islamic Insurance Group Group's CEO and Group President Ali Al-Abdulaghni.
Boubyan Takaful Insurance Company enjoys a strong capital position, Fitch Ratings has pointed out.
Takaful companies in the UAE posted a 23% jump in insurance revenue in the first three quarters of this year (3Q2025) to AED3.7bn ($1.0bn), a jump of 23% over the AED3.0bn reported for the corresponding period of 2024, according to BADRI Management Consultancy, an international and risk consulting firm.