Global Takaful Market to grow at a CAGR of 18.64% over the period 2015-2019 - Market Research

ResearchMoz added Latest Research Report titled " Global Takaful Market- Market Research 2015-2019 " to it's Large Report database.

About takaful
Takaful is a Sharia-compliant insurance product based on the religious Islamic principles of mutual assistance. Policyholders contribute a sum of money to a common pool of funds managed by a takaful management company, which is then used to pay for claims made by the policyholders. The surplus amount is used for making Islamic investments, which earns higher profits for the policyholders. At the end of the takaful term, the excess amount is returned to the policyholders, along with the profits earned through the Islamic investments.

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The concept of takaful is based on the following:
Mutual guarantee: The objective of takaful is to agree and contribute funds to a common pool of funds that will take care of a defined set of loss, which is recovered from the pool of funds, and the surplus funds are distributed among the policyholders
Ownership of funds: All the policyholders who contribute toward takaful funds are the owners of the pool of funds. They are the ones who receive the funds in the event of loss, and they also receive the surplus funds at the end of each year
Investment parameter: The only parameter that matters to an investor here is the compliance of the product with Sharia principles, which prohibits interest
Management: Takaful products are offered and managed by takaful operators or insurance companies

Technavio's analysts forecast the global takaful market to grow at a CAGR of 18.64% over the period 2014-2019.

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Table of Content

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Takaful business models
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Global takaful market segmentation
Global life/family takaful market
Global general takaful market
PART 07: Geographical segmentation
Takaful market in GCC
Takaful market in APAC
Takaful market in ROW
PART 08: Key leading countries
Saudi Arabia
Malaysia
Indonesia

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Global Takaful Market to grow at a CAGR of 18.64% over the period 2015-2019 - Market Research Global Takaful Market to grow at a CAGR of 18.64% over the period 2015-2019 - Market Research Reviewed by Sagar Jagtap on 00:05 Rating: 5

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