Middle East Economic Survey

VOL. LIII

No 29

19-Jul-2010

REGIONAL

Islamic Insurance Sector Will Continue To Grow In 2010, Says S&P

The takaful and retakaful (Islamic insurance and reinsurance) sector is likely to continue to grow in 2010 following another positive year in 2009, according to Standard & Poors new report, Takaful Insurance Has Long-Term Viability And Benefits From Expected Growth, But Stiff Competition Persists. The rating agency notes that high expected levels of growth,...