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Number of takaful operators exceeds 300 worldwide: Report

Posted On: Aug. 8, 2019 6:02 AM CST

A report by Malaysia-based Islamic Financial Services Board found that the number of takaful and retakaful operators is about 306 in at least 45 countries globally, Middle East insurance Review reported. The report found that South-East Asia accounted for 30% of total takaful operators, while the Gulf Cooperation Council accounted for 27%.

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