Indonesia: OJK says it would do more to have sukuk covered by takaful

Published on April 1, 2024
The Financial Services Authority (OJK) has said that it is planning to regulate the mandatory use of takaful by shariah capital players.
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UAE: Sukoon to acquire another 1.57% stake in takaful company

April 1, 2024
Sukoon Insurance Company has announced that it had received acceptances for 2,411,030 shares which represent 1.57% of the shares of Arabian Scandinavian Insurance Company - Takaful (ASCANA).

GCC: Saudi insurers lead the region in insurance revenue and net profit

April 1, 2024
Four insurers from Saudi Arabia are on the list of the 10 biggest insurance companies in the GCC in terms of insurance revenue, according to data set out in the "FY2023: GCC Performance Periodical".