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Turkey's share of global Islamic insurance market rises

Posted On: Nov. 18, 2019 5:29 AM CST

A report by the Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation said that Turkey's share in the global Islamic insurance market has increased to 5% in 2019 from 1.5% in 2014, Middle East Insurance Review reported. Yusuf Dinc, who teaches Islamic Economics and Finance in Istanbul Sabahattin Zaim University, expects global Islamic insurance market to be worth $28 billion.

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