IslamicFinance.de

Deloitte released its new Takaful report titled "The global Takaful insurance market: charting the road to mass markets". The report studies the emerging regulatory and practice challenges that will impact the Takaful industry, as well as assesses the business structures and strategies, market developments and growth trends globally. A roundtable was held in Bahrain in June, where Deloitte experts, national regulators, and executive Islamic bankers discussed the report and focussed on the regulatory and industry challenges specifically facing the Middle East Takaful market as well as identifying potential business strategies in the region. Latest industry data estimates that the global Takaful business will reach $20 billion by 2017. Ten key challenges were identified that would significantly impact the future of the Takaful industry.