“Market Attractiveness and Future Prospects of the Indonesian Takaful Insurance Industry” – New Market Report

Indonesia is developing into a significant takaful industry, demonstrating higher growth rates in gross written premiums generated than some of the GCC countries. Key factors for the dynamic growth of the industry are the relatively low penetration rates in combination with strong macroeconomic fundamentals, favorable demographics and an improved regulatory framework. Moreover, both domestic and international takaful insurance companies increase in number, thus supporting the overall growth of the industry.

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