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Experts Predict Rising Tide of Sharia Compliant Insurance Demand by 2035
The Takaful Market is on track to see remarkable expansion, fueled by a growing interest in sharia compliant insurance demand. Currently valued at approximately $48.41 billion in 2024, the market is projected to surge to $230.03 billion by 2035. This impressive trajectory represents a compound annual growth rate (CAGR) of 15.2%. The proliferation of Islamic financial protection solutions is...
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