In 2022, the value of takaful assets in the Gulf Cooperation Council region amounted to 27 billion U.S. dollars. In the same year, the total value of worldwide takaful assets amounted to 90 billion U.S. dollars.
Value of takaful assets worldwide in 2022, by region
(in billion U.S. dollars)
Takaful: Is an Islamic insurance which complies to Shariah law, wherein members contribute money into a pool system to guarantee each other against loss or damage. Those insurances where introduced as an alternative to conventional insurances as they avoid interest, high risk investments and high uncertainties.
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ICD. (November 30, 2023). Value of takaful assets worldwide in 2022, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1090907/worldwide-value-of-takaful-assets-by-region/
ICD. "Value of takaful assets worldwide in 2022, by region (in billion U.S. dollars)." Chart. November 30, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1090907/worldwide-value-of-takaful-assets-by-region/
ICD. (2023). Value of takaful assets worldwide in 2022, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1090907/worldwide-value-of-takaful-assets-by-region/
ICD. "Value of Takaful Assets Worldwide in 2022, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Nov 2023, https://www.statista.com/statistics/1090907/worldwide-value-of-takaful-assets-by-region/
ICD, Value of takaful assets worldwide in 2022, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1090907/worldwide-value-of-takaful-assets-by-region/ (last visited November 22, 2024)
Value of takaful assets worldwide in 2022, by region (in billion U.S. dollars) [Graph], ICD, November 30, 2023. [Online]. Available: https://www.statista.com/statistics/1090907/worldwide-value-of-takaful-assets-by-region/
