S&P : analysis of takaful insurers in the Middle East

Standard & Poor’s talkes about how Sharia-compliance affects the analysis of the creditworthiness of insurance companies that follow Islamic religious principles. Sharia-compliant takaful and cooperative providers have lately started to battle aggressively with traditional insurers and reinsurers.
The rapid growth and multiplication of these new entrants has been influential, but has more than once brought into question the stability of their business model.

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