Sukoon Takaful and Ajman Bank have signed a memorandum of understanding (MOU) to establish a strategic partnership aimed at providing the bank's customers with access to Sharia?h-compliant takaful solutions that address their protection and financial-planning needs.
Holy Land Takaful Insurance Company's initial public offering (IPO) has attracted a subscription rate of around 390%.
Revenue from conventional insurance and takaful activities totalled about EGP65.73bn ($1.3bn) from January to June 2026, 15.7% higher compared to EGP56.81bn in the corresponding half of 2025, according to the Financial Regulatory Authority (FRA).
Qatari Islamic Insurance Group (QIIG) has obtained obtained a licence from the authorities of the International Financial Services Centre in Gift City in Gujarat City to open a branch in India.
Takaful is an alternative insurance model, rather than a subset of conventional insurance, according to the Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Mr Olusegun Ayo Omosehin.
Syarikat Takaful Malaysia Keluarga Berhad (STMKB or the Group) is expected to maintain its market leadership in the takaful sector, while preserving sound earnings generation, strong capital buffers, and conservative investment strategy, said RAM Ratings.
Great Eastern Takaful's newly launched i-Great Mega Plus investment-linked takaful plan, in collaboration with Habib, is designed to provide customers with immediate protection while also allowing them to build an investment component according to their financial goals.
The UAE listed insurance industry maintained its strong momentum through 1H2026, with insurance revenue growing by 14% to AED28.0bn [$7.6bn] (1H2025: AED24.6bn), according to BADRI Management Consultancy, an international actuarial and risk consulting company.
Takaful Emarat has announced strong financial results for the first half of 2026, reflecting continued growth.
Front Re has received approval to expand into Shariah-compliant retakaful solutions, granted under the Labuan Islamic Financial Services and Securities Act 2010.