Egypt disburses EGP32.6b via Takaful, Karama Programmes for 2023/24 – CAPMAS
Egypt’s Ministry of Social Solidarity disbursed a total of 32.6 billion Egyptian pounds through its Takaful and…
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Takaful
Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end
Fitch Ratings expects ASEAN’s Islamic finance industry, valued at nearly $950 billion in mid-2025, to exceed $1…
Egypt’s insurance premiums grow in Jan-Apr ’25
Egypt's Financial Regulatory Authority (FRA) reported that Egypt’s insurance sector recorded strong growth in the…
Takaful premiums in Egypt reach 2.3 bln pounds at July-end
The premiums of Egypt’s Islamic insurance, or takaful sector registered 2.3 billion Egyptian pounds ($130.1…
Takaful H1 premiums in Egypt hit 2.1 billion pounds
The premiums of Egypt’s Islamic insurance, or takaful sector recorded 2.1 billion Egyptian pounds ($118.8 million)…
Takaful captures 9.6% of Egypt total insurance premiums in two months
Takaful firms have managed to grab 8 percent of the total insurance premiums in Egypt during January and February,…
Takaful captures 9.6% of total insurance premiums in Egypt in 11 months
Takaful firms have managed to capture 9.6 percent of the total insurance premiums in Egypt throughout the first 11…
E-finance, Military Production Ministry complete automation of agricultural holdings
E-finance, a company operating the Egyptian government’s financial network, announced on Tuesday the completion of…
IFTI issues 4 recommendations on takaful insurance industry at Cairo meeting
The 9th General Conference for International Federation of Takaful & Islamic Insurance Companies (IFTI) has…
Egypt hosts takaful and Islamic insurance conference today
The 9th General Conference of International Federation of Takaful & Islamic Insurance Companies (IFTI) has…
Moody’s expects gradual economic recovery in Egypt insurance sector
The Egyptian insurance market should see strong premium and profit growth in the next 12-18 months, aided by the…
Misr Emirates Takaful Life targets total 8 branches at FY16/17-end
Newly established Misr Emirates Takaful Life Insurance (METLICO) is seeking to boost its geographical presence in…
Egypt to host global takaful, Islamic insurance event in Oct
Egypt will host next October the ninth conference for the International Federation of Takaful and Islamic Insurance…
Takaful captures 8.6% of Egypt total insurance compensations in 5 months
Takaful firms have seized around 8.6 percent of the total insurance compensations paid in the Egyptian market…
Takaful seizes 11% of total insurance premiums in Egypt in 4 months
Takaful firms have managed to capture 11.46 percent of the total insurance premiums in the country throughout the…
Takaful captures 7.6% of total insurance compensations in Egypt
The Egyptian takaful insurance companies have managed to capture 7.6 percent of the total insurance compensations…
Takaful seizes 12.77% of total insurance premiums in Egypt
The Egyptian takaful premiums have managed to capture in two months around 12.77 percent of the total insurance…
Cash transfer programme reaches half-a-million beneficiaries in Egypt
Egypt’s conditional cash transfer programmes Karama and Takaful reached half-a-million poor Egyptian families last…
Tokio Marine Egypt General Takaful plans 56% rise in investments this FY
Insurer Tokio Marine Egypt General Takaful plans to increase its investments in the country by 56 percent in the…
Africa Retakaful: 9-month premiums hit $27 million in Egypt
African Takaful Reinsurance Company (Africa Retakaful), a subsidiary of Africa Reinsurance Corporation, has…
Compensations of Egypt’s Takaful insurance firms hit $63mn in 10 months- EFSA
The Takaful insurance companies working in the Egyptian market have paid compensations estimated at 494.8 million…
Sisi approves $400mn loan from World Bank’s IBRD for social scheme
Egypt's President Abdel Fattah al-Sisi has ordered the approval of a $400 million loan from a World Bank Group…
Egypt’s insurance holding eyes alluring foreign partners to form takaful arm
Misr Insurance Holding Company is in talks with strategic partners from UAE and Southeast Asia to participate in…
Egypt: Takaful insurance firms’ compensations hit $48mn in 7 months
Takaful insurance companies operating in the Egyptian market had paid compensations worth 388.5 million Egyptian…
World Muslim Footballers Gather in Saudi Arabia’s Friendly Match
Most of the biggest Muslim football world stars unite to play a friendly match today for Saudi Takaful Charity…
Egyptian Takaful Non-life Renews Reinsurance Contracts With Hannover Re
Egyptian Takaful Company (Non-life) has succeeded in renewing reinsurance agreement with Hannover Re Group, said…
IFE’s Group Life Committee Prepares A Guiding Life Takaful Policy
The group life insurance committee at the Insurance Federation of Egypt (IFE) has finalized writing the guiding…
SME Insurance Cost Percentage Has To Be Changed: Abdel Raouf Kotb
Abdel Raouf Kotb, chairman of the Insurance Federation of Egypt (IFE), suggested changing the insurance cost…
Wethaq Takaful Insures Two Drillers With 160 Mln
Wethaq Takaful Insurance Company signed engineering insurance contract to insure two drillers for a year with more…
Wethaq Takaful Insures Paint Company’s Employees With EGP 650,000
Wethaq Takaful Insurance Company signed medical insurance contract to insure the employees of a paint company for a…
Wethaq Insurance’s New Branch In Nasr City Costs EGP 500,000
Abdel Aziz Labib, financial director of Wethaq Takaful Insurance Company, said the costs of developing and…
Takaful Sector Lucrative In Oman: Experts
With insurance firms gearing at ways of entering the takaful market in Oman, experts in the field have said that…
Egyptian Islamic Finance Association Holds Conference On Sukuk Regulations
The Egyptian Islamic Finance Association will hold its second conference on Islamic finance instruments in Port…
Egyptian Takaful Non-Life’s Investments Expected To Reach EGP 250 Mln
The initial signs showed that the investment portfolio of the Egyptian Takaful Insurance Company (Non-Life) reached…
Ashraf El-Sharkawy Targets Improving Takaful Insurance Sector
The Chairman of the Egyptian Financial Supervisory Authority (EFSA), Ashraf El-Sharkawy met with the chairmen of…
Insurance Federation Discusses Personal Accident Insurance Policy Today
The Miscellaneous Accident Insurance Committee at the Insurance Federation of Egypt will discuss in its meeting…
Egyptian Takaful Company Non-Life Considers Increasing Premiums
The Egyptian Takaful Company (Non-Life) targets to increase the volume of premiums in some insurance sectors…
Egyptian Takaful Non-Life Deals With Euro Club To Offer Road Insurance Cover
The Egyptian Takaful Company (Non-Life) has signed a contract with Euro-Assist Egypt (Euro Club) in order to launch…
Egyptian Islamic Finance Association Discusses SME Finance Next Sunday
The Egyptian Islamic Finance Association will hold its first conference on the development prospects of Islamic…
Egyptian Takaful Non-Life Renews Contract With Hannover Re
The Egyptian Takaful Company (Non-Life) succeeded in renewing the reinsurance agreement with Hannover Re…