IslamicFinance.de

From Takaful Emarat’s perspective, a number of factors in the Mena region have contributed to a relatively weak culture of financial planning and saving among our citizens and expatriate populations. However, education programmes addressing the importance of financial planning in the region are required to highlight the need for both citizens and expatriates to plan and save in order to generate income post-retirement, provide for family education and ensure comprehensive life and health cover is in place, for example. This situation is changing with the growing popularity of takaful as a means to plan for unexpected financial or medical emergencies.