January 4 2010
Dubai Islamic Bank launches Al Islami Takaful Riayati
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December 16 2009
Methaq Takaful Insurance forecasts robust 2010 growth
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November 25 2009
Pakistan: Pak-Kuwait Takaful raises US$1.8 mln
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November 25 2009
IFSB approves document to enhance governance in takaful
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October 23 2009
Pak-Qatar General Takaful & Bank Alfalah Sign MOU
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October 21 2009
Arabian Business Time for takaful
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October 1 2009
Kuwait-Based Wethaq Takaful Insurance Co. Ratings Lowered To 'BB'
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September 30 2009
SABB Takaful appoints new CEO
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September 29 2009
t'azur granted licence to operate from QFC
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September 24 2009
Adnic in talks with allies to launch takaful products
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September 14 2009
Takaful insures Bahrain project
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September 2 2009
Syrian Islamic Insurance Company Kicks on September 7th
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September 1 2009
t'AZUR launches first charitable islamic insurance
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August 12 2009
Sabb Takaful set for rights issue
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August 3 2009
Methaq Takaful Insurance Appoints New Chairman
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July 29 2009
Takaful windows 'will boost industry growth'
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July 27 2009
QIIC posts 104% rise in H1 surplus
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July 18 2009
Al Barakah Takaful increases its paid-up capital
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July 15 2009
Aman records 158% increase in Q2 profit
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July 7 2009
T'azur plans UAE expansion
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July 6 2009
Enaya AIG Takaful sponsors 2nd International Takaful Awards
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July 5 2009
Islamic insurance on the rise: TAKAFUL
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July 2 2009
Dubai Bank in Takaful alliance with Salama
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July 1 2009
SALAMA links with Emirates Investment Services Ltd to offer Shari’a compliant investment funds
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June 20 2009
Pak Qatar General Takaful assigned 'BBB+' rating
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June 9 2009
PQFTL, ICAP sign Takaful agreement
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May 28 2009
Salama in tie-up to offer three Islamic funds
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May 27 2009
Kuwait-Based Wethaq Takaful Insurance Co. K.S.C. (Closed) 'BBB-' Rating Placed On CreditWatch Negative
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May 18 2009
Dubai Islamic Bank expands product portfolio with Al Islami Takaful Programme
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April 16 2009
Noor Takaful targets Dh1bn
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April 16 2009
Takaful expected to capture 10% of market
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April 15 2009
Launch of 3rd Edition of World Islamic Insurance Directory Shows Big Increase in Number of New Operators
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April 15 2009
Gulf Takaful can achieve high growth rate
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April 14 2009
Global Takaful market could touch US$7.7 billion in 2012: Ernst & Young
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April 13 2009
Number of Takaful operators up by 19.6%
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March 31 2009
Mideast insurance market poised for growth, S&P says
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March 2 2009
Takaful International's profit surges to $1.2m
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March 1 2009
SABB Takaful Named Best Takaful Provider for 2009 in Euromoney Global Awards
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March 1 2009
Bahrain Takaful sector to see steady growth in 2009
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February 27 2009
Rated Gulf Islamic Banks And Takaful Companies Resilient In Global Market Dislocation But Facing Risks
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February 27 2009
Etiqa Takaful On Track To Achieve RM1.4 Billion Premium
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February 27 2009
Pak Qatar Family Takaful assigned ‘A-’ rating
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February 27 2009
Syarikat Takaful, Jaycorp reprimanded
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February 26 2009
Etiqa Named Most Outstanding Takaful Company
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February 17 2009
Methaq operations start
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February 16 2009
Takaful Ikhlas Awarded The Best Takaful-Retakaful Provider 2008
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February 13, 2009
Pak-Qatar Takaful Group to implement SAP
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February 13, 2009
Al Khaleej insurer to pick up stake in Al Jisr Takaful
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February 2, 2009
The world’s largest gathering of Takaful leaders to shape the next phase of development for Islamic insurance
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February 2, 2009
Management of Al-Manara Insurance Company enhances its efficiency with the Takaful Certificate
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January 23 2009
TAIB Launches Travel Takaful Product
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January 22 2009
GCC Islamic insurance sector set to grow 25%
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January 21 2009
Regional insurance holds long-term potential
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January 18 2009
STMB Brands Its CSR Programme As "Takaful myJalinan"
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January 16 2009
HLFG sells stake in HLA?
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January 15 2009
Takaful Re BBB stable rating confirmed by S&P
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January 13 2009
Gain positive returns regardless of the market conditions and direction
Hong Leong Tokio Marine Takaful and Hong Leong Bank forge partnership for new scheme
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January 9 2009
AMAN’s new product
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January 8 2009
Syria’s Noor Takaful Plans to Offer $15 Million IPO on Jan. 18
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January 7 2009
Riyad Bank allies with Royal Sun Alliance to establish Global Cooperative Insurance Co.
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January 6 2009
Noor Investment Group LLC Launches Noor Takaful to Meet Growing Regional Demand
New Entities Aim to be Takaful Industry Leader
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December 22 2009
Scor gets life retakaful license
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December 21 2008
Bin Salem owns almost 40% in MITHAQ
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December 19 2008
Takaful Malaysia is not slowing down
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December 19 2008
ACR ReTakaful SEA Draws up Expansion Plan for Southeast Asia
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December 15 2008
UK insurer to tap takaful mart with AmBank
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December 12 2008
BNM okays US$6 million injection into ATK
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December 11 2008
MAA Assurance eyes 10% growth in general insurance biz
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December 10 2008
Takaful Malaysia Eyes Strategic Partnership In Indonesia
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December 05 2008
MAS to facilitate growth in takaful industry
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December 4 2008
Takaful Malaysia to sell stake in Indonesian unit
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December 2 2008
AIG Offers First Takaful Homeowners Insurance Product for U.S.
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December 1 2008
Risk Specialists Companies Announces First Takaful Homeowners Product for U.S.
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November 28 2008
Takaful firms a threat to conventional insurers
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November 17 2008
SALAMA, NCB Capital will offer Shari’ah funds to UAE customers
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November 10 2008
Syarikat Takaful lining up new products
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November 3 2008
Al Meezan Investments launches ‘Meezan Mahana Kharch Account’
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November 04 2008
Zurich Financial Services sets up takaful venture with Abu Dhabi firm
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November 2008
ACR ReTakaful Sees Steady Performance Despite Global Economic Slowdown
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October 28, 2008
UAE Islamic insurance sector growing rapidly
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October 18 2008
Bahrain insurance sector posts strongest ever annual growth in 2007
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October 17 2008
Takaful International signs deal with Saad Specialist Hospital
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October 06 2008
BAI Company launches Islamic insurance cover in Mauritius
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October 5 2008
New Shariah-compliant insurance company implements ISO solution
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October 5 2008
Malaysian Islamic insurer eyes overseas market
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September 22 2008
AIA Bhd. Receives Malaysia’s First International Takaful Operator Licence
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September 19 2008
AIG Takaful rules out liquidity crisis
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September 19 2008
SALAMA, NBF ink bancassurance pact
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September 18 2008
Moody's sees more growth and more risk for Asia Pacific insurance
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September 18 2008
Dubai Insurance Group plans $50mn Turkish unit
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September 7, 2008
Salama taps BNP Paribas to offer Sharia-compliant insurance in UAE
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September 5 2008
Takaful market at mere $170m in the Gulf: S&P
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September 5 2008
Munich Re Retakaful Focuses on Innovation
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September 5 2008
Takaful assets see a growth of 25%
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September 4 2008
Policy Administration Systems for Takaful: A Global Solution Spectrum
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August 2008, Issue 23
Ernst & Young slate GCC as main driver in global takaful growth
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August 26 2008
MNRB takaful business to drive future growth
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August 26 2008
Five more global insurance firms to enter UAE market
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August 26 2008
Takaful House sets up Islamic insurance
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August 26 2008
MNRB Takaful business to drive future growth
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August 25 2008
Solidarity set to establish SR 555 million Saudi associate
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August 24 2008
Solidarity announces plan to sell shares
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August 21 2008
Demand for life insurance products surge in Bahrain
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August 20 2008
Pak-Qatar Family Takaful opens nine branches in Pakistan
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August 19 2008
Takaful firm PruBSN confident of keeping pole position
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August 18 2008
A.M. Best Affirms Ratings of SALAMA Islamic Arab Insurance Company (P.S.C.)
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August 16 2008
Takaful takes over
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August 8 2008
SAMA grants licence to Saudi Re
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July 7 2008
Takaful: A new and viable insurance business model or just a marketing opportunity?
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June 11 2008
AMAN obtains approval to operate in Syria
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May 27 2008
Dar Takaful will offer 55% of shares
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May 10 2008
World’s largest re-takaful firm set up
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May 1 2008
First British takaful firm approved
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April 30 2008
Pak-Qatar General & Family Takaful sign MOU with Dubai Islamic Bank Pakistan
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Finance is gaining huge interest in both Muslim and non-Muslim communities. This is mainly due to the Shariah-based ethical investment policies and products. These religious guidelines promote transparency and the avoidance of all sources of unfair profit when conducting any business transaction or negotiating any commercial contract. One concept of Islamic finance, Takaful, or the Islamic alternative to insurance, is emerging as a market with a great potential. It is today a $5 billion industry that is expected to rise to $11 billion by 2015 as many experts estimated.However, both Muslims and non-Muslims still lack awareness about the Takaful concept and thus are often reluctant to adhere to it. 
Chakib Abouzaid 
Parvaiz Siddiq 
Omar Fisher 
Ajmal Bhatty