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High Growth in Takaful Market 2019-2025

The global takaful market reached US$ 20 Billion in 2019. The market is further projected to exceed US$ 45 Billion by 2025, at a CAGR of +14% during 2019-2025. Takaful refers to a sharia-compliant insurance system through which members mutually contribute a sum of money, so as to support each…

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