Gulf Daily News: The Islamic insurance industry is set to treble in size over the next four years to around $25 billion.
That is the view of Ernst & Young Islamic financial services team director Ashar Nazim.
Speaking at a briefing on the Ernst & Young third annual World Takaful report at the Crowne Plaza yesterday he said that the industry continued to enjoy fast growth but faced challenges in developing its distribution system, building brand awareness and building scale in the industry.
"The industry must play a more active role towards facilitating consistent regulatory, legal, accounting, capital markets and tax regimes," he said...continue
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