London - United Kingdom
11th International Takaful Summit
The continuing evolution of Takaful provision in many countries portends a raft of new emerging challenges for the growth of Islamic banking, finance and insurance. Reflecting on these potential challenges should enable effective ways to be found to enhance the provision of Takaful. There are two new developments which can assist in the growth of the Takaful and re-Takaful industry. We have a potential solution for the provision of Re-Takaful for large real estate and construction projects. Indeed we are close to seeing the launch of a full-fledged Takaful Syndicate at Lloyd’s of London. The London Market is also eyeing the Takaful market to bridge any shortfall in business caused by Brexit.