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Takaful Market 2018 Industry Sales, Trend, Key Players (JamaPunji, AMAN, Salama, Standard Chartered, Takaful Brunei Darussalam Sdn Bhd, Prudential BSN Takaful Berhad, etc.) and Demand Forecast Report 2023

09-27-2018 07:02 AM CET | IT, New Media & Software

Press release from: Orian Research

Takaful Market

Takaful Market

Takaful Market studies a Sharia-compliant Islamic insurance product, where members of the community contribute money or a part of their earnings to a pooling system that guarantees against any loss or damage. The underlying principle of takaful portrays the responsibility of each to cooperate and protect each other.

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This report studies the Takaful market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Takaful market by product type and applications/end industries.

The drivers of Takaful demand include high economic growth and increase in per capita GDP, a youthful demography, increasing awareness, a greater desire for sharia compliant offerings and increasing asset based, sharia compliant financing.

The GCC is the largest market and is expected to reach USD 20 billion by the end of 2019. Countries like Saudi Arabia, United Arab Emirates (UAE) and Malaysia are predicted to be the high growth markets in this region. The changing regulation, growing affluence, and growth in organized savings amongst the local customers are the key drivers for the growth of the takaful market in this region.

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The global Takaful market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Takaful.

Takaful Industry Segment by Manufacturers:
• JamaPunji
• AMAN
• Salama
• Standard Chartered
• Takaful Brunei Darussalam Sdn Bhd
• Prudential BSN Takaful Berhad
• Zurich Malaysia
• Takaful Malaysia

Market Segment by Type, covers:
• Life/Family Takaful
• General Takaful

Market Segment by Applications, can be divided into:
• Family
• Government
• Business

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There are 15 Chapters to deeply display the Global Takaful Market.
Chapter 1: Describe Takaful Introduction, product scope, market overview, market opportunities, market risk, and market driving force.
Chapter 2: Analyze the top manufacturers of Takaful, with sales, revenue, and price of Takaful, in 2015 and 2017.
Chapter 3: Display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2017.
Chapter 4: Show the global market by regions, with sales, revenue and market share of Takaful, for each region, from 2011 to 2017.
Chapter 5, 6, 7, 8 and 9: Analyze and talked about the key regions, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11: Show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2017.
Chapter 12: In Chapter Eleven Takaful market forecast, by regions, type and application, with sales and revenue, from 2017 to 2023.
Chapter 13, 14 and 15: Describe Takaful sales channel, distributors, traders, dealers, appendix and data source.

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