As of 2020, the number of Islamic insurance companies domiciled and operating in the United Arab Emirates was 12 compared to 50conventional insurance companies. At the same time all insurance companies operating in Saudi Arabia were takaful insurances.
Number of Islamic and conventional insurance companies operating in the Gulf Cooperation Council in 2020, by country
Characteristic
Takaful
Conventional
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SHMA Consulting. (October 7, 2021). Number of Islamic and conventional insurance companies operating in the Gulf Cooperation Council in 2020, by country [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1281470/gcc-number-of-islamic-and-conventional-insurance-companies-operating-by-country/
SHMA Consulting. "Number of Islamic and conventional insurance companies operating in the Gulf Cooperation Council in 2020, by country." Chart. October 7, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1281470/gcc-number-of-islamic-and-conventional-insurance-companies-operating-by-country/
SHMA Consulting. (2021). Number of Islamic and conventional insurance companies operating in the Gulf Cooperation Council in 2020, by country. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1281470/gcc-number-of-islamic-and-conventional-insurance-companies-operating-by-country/
SHMA Consulting. "Number of Islamic and Conventional Insurance Companies Operating in The Gulf Cooperation Council in 2020, by Country." Statista, Statista Inc., 7 Oct 2021, https://www.statista.com/statistics/1281470/gcc-number-of-islamic-and-conventional-insurance-companies-operating-by-country/
SHMA Consulting, Number of Islamic and conventional insurance companies operating in the Gulf Cooperation Council in 2020, by country Statista, https://www.statista.com/statistics/1281470/gcc-number-of-islamic-and-conventional-insurance-companies-operating-by-country/ (last visited July 22, 2024)
Number of Islamic and conventional insurance companies operating in the Gulf Cooperation Council in 2020, by country [Graph], SHMA Consulting, October 7, 2021. [Online]. Available: https://www.statista.com/statistics/1281470/gcc-number-of-islamic-and-conventional-insurance-companies-operating-by-country/