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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Value of the takaful contributions of global IFSI worldwide 2022, by region
In 2022, the value of the takaful contributions of the global Islamic financial services industry (IFSI) in the Gulf Cooperation Council region amounted to **** 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 were introduced as an alternative to conventional insurances as they avoid interest, high risk investments and high uncertainties.
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IFSB. (August 23, 2023). Vaue of the takaful contributions of the global Islamic financial services industry (IFSI) worldwide in 2022, by region (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 05, 2026, from /statistics/1098659/worldwide-distribution-of-the-takaful-contributions-of-the-global-ifsi-by-region/
IFSB. "Vaue of the takaful contributions of the global Islamic financial services industry (IFSI) worldwide in 2022, by region (in billion U.S. dollars)." Chart. August 23, 2023. ÌÇÐÄÆƽâ°æ. Accessed August 05, 2026. /statistics/1098659/worldwide-distribution-of-the-takaful-contributions-of-the-global-ifsi-by-region/
IFSB. (2023). Vaue of the takaful contributions of the global Islamic financial services industry (IFSI) worldwide in 2022, by region (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 05, 2026. /statistics/1098659/worldwide-distribution-of-the-takaful-contributions-of-the-global-ifsi-by-region/
IFSB. "Vaue of The Takaful Contributions of The Global Islamic Financial Services Industry (Ifsi) Worldwide in 2022, by Region (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 23 Aug 2023, /statistics/1098659/worldwide-distribution-of-the-takaful-contributions-of-the-global-ifsi-by-region/
IFSB, Vaue of the takaful contributions of the global Islamic financial services industry (IFSI) worldwide in 2022, by region (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1098659/worldwide-distribution-of-the-takaful-contributions-of-the-global-ifsi-by-region/ (last visited August 05, 2026)
Vaue of the takaful contributions of the global Islamic financial services industry (IFSI) worldwide in 2022, by region (in billion U.S. dollars) [Graph], IFSB, August 23, 2023. [Online]. Available: /statistics/1098659/worldwide-distribution-of-the-takaful-contributions-of-the-global-ifsi-by-region/
