In 2019, the value of takaful assets in Saudi Arabia amounted to 17 billion U.S. dollars. In the same year, the total value of takaful assets worldwide amounted to 51 billion U.S. dollars. The fastest growing Takaful asset market worldwide was Turkey.
Value of takaful assets worldwide in 2019, by country
(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. (December 9, 2020). Value of takaful assets worldwide in 2019, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 03, 2021, from https://www.statista.com/statistics/1090916/worldwide-value-of-takaful-assets-by-country/
ICD. "Value of takaful assets worldwide in 2019, by country (in billion U.S. dollars)." Chart. December 9, 2020. Statista. Accessed December 03, 2021. https://www.statista.com/statistics/1090916/worldwide-value-of-takaful-assets-by-country/
ICD. (2020). Value of takaful assets worldwide in 2019, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 03, 2021. https://www.statista.com/statistics/1090916/worldwide-value-of-takaful-assets-by-country/
ICD. "Value of Takaful Assets Worldwide in 2019, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Dec 2020, https://www.statista.com/statistics/1090916/worldwide-value-of-takaful-assets-by-country/
ICD, Value of takaful assets worldwide in 2019, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1090916/worldwide-value-of-takaful-assets-by-country/ (last visited December 03, 2021)
