Press release
Takaful Market 2023 - Size. Share, Segments, Data, Growth, And Forecast | Abu Dhabi National Takaful Co., Allianz SE, AMAN Insurance Company, Islamic Insurance Company
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Takaful Global Market Report 2023 identifies large and increasing Muslim population is driving the takaful market. The concept of takaful is based on the ideas of shared responsibilities towards each other explained in Islam, and hence the concept is widely practiced by the Muslim population.
The global takaful market size is expected to grow from $26.50 billion in 2022 to $29.73 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The global takaful market size is expected to grow to $45.95 billion in 2027 at a CAGR of 11.5%.
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Major competitors in the takaful market are Abu Dhabi National Takaful Co., Allianz SE, AMAN Insurance Company, Islamic Insurance Company, Prudential BSN Takaful Berhad, Qatar Islamic Insurance Company, SALAMA Islamic Arab Insurance Company, Syarikat Takaful Brunei Darussalam, Takaful International Co. Ltd., Zurich Malaysia, Takaful Malaysia, Al Ain Ahlia Insurance Co., Allied Cooperative Insurance Group, Re-Takaful Company, Noor Takaful Family PJSC, and Takaful Re Limited.
Technological advancements are a key trend gaining popularity in the takaful market. Major companies operating in the market are introducing technologically advanced solutions to sustain their position in the market.
Read More On The Global Takaful Market Report Here:
https://www.thebusinessresearchcompany.com/report/takaful-global-market-report
The takaful market is segmented -
• By Type: Family Takaful, General Takaful
• By Distribution Channel: Agents and Brokers, Banks, Direct Response, Other Channels
• By Application: Personal, Commercial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the takaful market.
The Business Research Company's "Global Takaful Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Takaful Market Include:
1. Takaful Market Executive Summary
2. Takaful Market Segments
3. Takaful Market Size And Takaful Market Growth Rate
4. Key Takaful Market Trends
5. Major Takaful Market Drivers
……
25. Key Mergers And Acquisitions In The Takaful Market
26. Top Takaful Companies
27. Takaful Market Opportunities And Strategies
28. Takaful Market, Conclusions And Recommendations
29. Appendix
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