Somalia Delivers $3.88 Million in Drought Insurance Payouts to Pastoralist Communities

MOGADISHU — The Federal Government of Somalia has distributed $3.88 million in drought insurance payouts to…

Uganda Launches First Islamic Insurance Company as Sharia-Compliant Finance Expands

Uganda has taken a major step toward expanding Sharia-compliant financial services with the launch of its…

Takaful Industry in Pakistan Enters New Era of Growth and Investor Confidence

Pakistan’s takaful sector is entering an exciting new phase in 2026, characterized by robust asset growth,…

MNRB Holdings Bhd Shares Jump 22 Sen on Stronger Takaful and Reinsurance Earnings

KUALA LUMPUR, Feb 16 — MNRB Holdings Bhd emerged as the top gainer in early trading…

Amana Takaful Relaunches Unified Mobile App to Simplify Insurance Experience

Amana Takaful Insurance PLC has relaunched its mobile application, marking a major milestone in the company’s…

MCB Islamic Bank Embeds Free Takaful Protection in Digital Accounts

MCB Islamic Bank has signed a strategic agreement with AICL-WTO to embed free Takaful protection into…

Zurich Malaysia and Kenanga Group Forge Strategic Partnership to Expand Insurance and Takaful Solutions

Zurich Malaysia and Kenanga Investment Bank Berhad (Kenanga Group) have entered into a strategic partnership to…

Pak-Qatar General Takaful Targets Rs420 Million Through IPO

Pak-Qatar General Takaful Limited (PQGTL) has commenced the registration process for its Initial Public Offering (IPO),…

Takaful Market to Reach USD 72.5 Billion by 2035, Growing at 6.9% CAGR

The global Takaful market is experiencing steady growth, driven by rising demand for Shariah-compliant insurance solutions…

QIB launches Life Continuity Takaful plan

Doha, Qatar – Qatar Islamic Bank (QIB) has launched the Life Continuity Takaful Plan in partnership…