Global Takaful Market - Market Research 2015-2019

The report analyzes and presents an overview of " Global Takaful Market - Market Research 2015-2019"worldwide.

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.

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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Covered in this report

The report covers the current scenario and the growth prospects of the global takaful market for the period of 2015-2019. The two major products in the global takaful market include:

life/family takaful

General takaful

To calculate the market size, the report considers the total value of takaful considerations or funds collected by policyholders toward life/family takaful and general takaful.

Technavio's report, Global Takaful Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, GCC, and ROW; it also covers the landscape of the global takaful market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions

• APAC
• GCC
• ROW

Key vendors

• Dubai Islamic Bank
• Kuwait Finance House
• Malayan Banking Berhad

Other prominent vendors

• Bank Mandiri
• HSBC Amanah Takaful
• PT. Asuransi Jiwa BRINGIN JIWA SEJAHTERA

Key market driver : Rapid economic growth in emerging countries

Key market challenge : Development of human resource personnel

Key market trend : Growing geographic expansion

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

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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

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