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Development of Takaful Industry in Turkey: Challenges
and Prospects
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· July 2022
DOI: 10.55237/jie.1061660
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Adem Aman Shibu
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Sabahattin Zaim University
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Journal of Islamic Economics, 2022/2: 48-66
İslam Ekonomisi Dergisi, 2022/2: 48-66
48
Development of Takaful Industry in Turkey: Challenges and
Prospects
Adem Aman Shibu
1
, Monzer Kahf
2
Received: 22.01.2022
Accepted: 01.06.2022
Type: Research Article
DOI: 10.55237/jie.1061660
Abstract
The takaful/Islamic Insurance industry is rapidly growing across the globe. However, still, the volume
of this sector is very small worldwide as well as in Turkey. This study focuses on discussing the size of
growth and investment of Islamic Insurance in Turkey. Therefore, the study's central point focus on
exploring and examining the development of the Islamic Insurance/Participation sector in the Turkey
financial markets at large. Takaful|Islamic insurance in Turkey is
known by other names called