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Value of takaful assets worldwide 2021, by region

Published by
Amna Puri-Mirza,
Jan 19, 2023
In 2021, the value of takaful assets in the Gulf Cooperation Council region amounted to 30 billion U.S. dollars. In the same year, the total value of worldwide takaful assets amounted to 73 billion U.S. dollars.

Value of takaful assets worldwide in 2021, by region (in billion U.S. dollars)

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Release date

November 2022

Region

Worldwide

Survey time period

2021

Supplementary notes

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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