Takaful
Brunei’s takaful sector grows
Assets held by the Islamic insurance (takaful) sector in Brunei recently have grown significantly while those of conventional types of insurance have been declining,...
Push for Islamic Finance needed in Brunei
Brunei, although it has a small banking market, is still somehow underestimating the potential of Islamic finance as incentives to set up Shariah banking...
Takaful markets in Malaysia, Saudi Arabia thrive
The Malaysian and Saudi Arabian cooperative and Islamic insurance (takaful) markets are the only two that are seeing growth especially in new policies and...
Malaysia overhauls Islamic finance regulations
Malaysia has issued a new Islamic Financial Services Act (IFSA) for its $124 billion Islamic finance market - the largest globally - aimed at...
Saudi Arabia leads global Takaful growth
Islamic insurance, known as Takaful, grew 19 per cent globally in 2010 and is expected to continue its fast-paced penetration into Muslim-dominated countries in...
MAA focusing on Islamic insurance as demand rises
MAA Group Berhad offers a full range of Shariah compliant life and general insurance products via its subsidiary, MAA Takaful Berhad, one of the highest-profile non-bank financial institutions in Malaysia.
Takaful thrives as investors gain confidence
Consumers are steadily gaining more confidence in Islamic investments with the takaful sector, in particular because it is exceeding expectations in terms of performance compared with conventional insurance instruments.
Thailand’s Shariah banking grows quickly
Thailand’s one and only Islamic bank is in a rapid expansion mode, with dozens of new branches to open in 2012, and sukuk issues...
Takaful products poised to overtake conventional insurance, says Dato’ Hassan
Consumers are steadily gaining more confidence in Islamic investments with the takaful sector, in particular, exceeding expectations in terms of performance compared with conventional...
Latest
Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...