Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Apr 2022

Takaful


Overcoming tech barriers

Technology has the power to help takaful realise its full potential. There are, however, certain challenges that takaful companies face when trying to bring said technology into their processes. We spoke to Deloitte’s Dr Hatim El-Tahir to find out how some of these challenges can be overcome.
 

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UAE takaful operators in turnaround bid

Six out of nine listed UAE takaful operators have reported weaker earnings, including one swinging to net loss, resulting in aggregate profits dropping by almost 50% in 2021. It remains to be seen whether these listed Islamic insurers will pull off a successful turnaround this year amid a challenging operating environment.
 

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A value-based proposition for takaful

Swiss Re Asia’s Mr Marcel Omar Papp talks about how the takaful industry can set itself apart from traditional insurance to realise its full potential.

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Revisiting the takaful model

The development of takaful has not been up to expectations and there is a need to rethink the model to take the industry to the next level, said speakers at the ‘Takaful Debate’ roundtable held at the 5th Dubai World Insurance Congress last month.
 

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