The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has introduced new regulations aimed at strengthening corporate governance in participation insurance (takaful) and individual retirement plans.
Front Re has received approval to expand into Shariah-compliant retakaful solutions, granted under the Labuan Islamic Financial Services and Securities Act 2010.
International reinsurance broker Front Re has recently received approval from the Labuan Financial Services Authority (Labuan FSA) to operate a retakaful broking business.
The Gulf Cooperation Council (GCC) region is projected to expand in 2026 and generate earnings that will exceed 2025 levels but remain volatile and below 2023-2024 levels, says S&P Global Ratings (S&P).
The financial performance of T'azur Takaful Insurance Company (T'azur) is satisfactory, as reflected in a net income return-on-equity of about 5% in 2025 (19% when adjusted for Qard Hassan), said Fitch Ratings.
The Holmarcom group's proposed acquisition of BMCI, the Moroccan subsidiary of the French giant BNP Paribas, currently awaiting regulatory approval, is shining the spotlight on the group's plans for insurance and banking in Africa.
Takaful International, the first Islamic insurance company in Bahrain, has reported a net profit attributable to the shareholders after tax of BHD736,000 ($1.95m) for the six months ended 30 June 2026.
Egyptian Takaful Properties and Liabilities Insurance Company (Egyptian Takaful) has a track record of solid operating performance despite the challenging macroeconomic conditions in Egypt, notes AM Best which assesses Egyptian Takaful's operating performance as adequate.
MNRB Holdings (MNRB) has entered into implementation agreements with Rakyat Nominees and Bank Kerjasama Rakyat Malaysia (Bank Rakyat) in relation to the proposed divestment of its wholly-owned subsidiaries, Takaful Ikhlas Family and Takaful Ikhlas General (collectively known as Takaful IKHLAS).