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Results for tag: "Takaful"

Takaful Global Market Report 2023 - Product Thumbnail Image

Takaful Global Market Report 2023

  • Report
  • May 2023
  • 250 Pages
  • Global
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Sukuk Global Market Report 2024 - Product Thumbnail Image

Sukuk Global Market Report 2024

  • Report
  • January 2024
  • 200 Pages
  • Global
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United States Non-Life Insurance Report - Product Thumbnail Image

United States Non-Life Insurance Report

  • Report
  • May 2023
  • 190 Pages
  • United States
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Palestine Insurance Industry - Key Trends and Opportunities to 2026 - Product Thumbnail Image

Palestine Insurance Industry - Key Trends and Opportunities to 2026

  • Report
  • September 2022
  • 55 Pages
  • Palestine
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Malaysia Non-Life Insurance Market to 2027 - Product Thumbnail Image

Malaysia Non-Life Insurance Market to 2027

  • Report
  • November 2023
  • 42 Pages
  • Malaysia
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Malaysia Insurance Industry Research Report 2023-2032 - Product Thumbnail Image

Malaysia Insurance Industry Research Report 2023-2032

  • Report
  • September 2023
  • 60 Pages
  • Malaysia
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Burkina-Faso Non-Life Insurance Report - Product Thumbnail Image

Burkina-Faso Non-Life Insurance Report

  • Report
  • June 2023
  • 108 Pages
  • Global
Ecuador Non-Life Insurance Report - Product Thumbnail Image

Ecuador Non-Life Insurance Report

  • Report
  • June 2023
  • 140 Pages
  • Ecuador
Sweden Non-Life Insurance Report - Product Thumbnail Image

Sweden Non-Life Insurance Report

  • Report
  • May 2023
  • 129 Pages
  • Sweden
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Takaful is an Islamic form of insurance, which is based on the principles of mutual cooperation and solidarity. It is a risk-sharing system, where participants contribute to a common pool of funds to provide financial protection against losses. The concept of Takaful is based on the Islamic principle of ‘Tabarru’, which means ‘to give’. This means that participants in the Takaful system are expected to contribute to the common pool of funds, and any profits generated from the pool are shared among the participants. The Takaful market has grown significantly in recent years, with many countries now offering Takaful products. These products are designed to meet the needs of the Islamic community, and provide an alternative to traditional insurance products. Some of the major companies in the Takaful market include Amana Takaful, AXA Takaful, Prudential Takaful, and Zurich Takaful. These companies offer a range of products, including life, health, and property insurance. Show Less Read more