See AIG Offers First Takaful Homeowners Insurance Product for U.S., supra
note 121 (reporting estimates from E
rnst & Young‘s 2008 World Takaful
Report,
estimating the global takaful market to be at $5.7 billion in 2006 with projections
estimated to be in excess of $10 billion by 2010)
.
141
See id. (stating that Muslim countries account for twenty-five percent of
the world population).
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ASUD
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IGURE
1:
M
UDHARABAH
A
RRANGEMENT
142
142
Billah, supra note 34, at 20.
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U. Pa. J. Int‟l L.
[Vol. 32:4
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IGURE
2:
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AKALAH
A
RRANGEMENT
143
143
See id. at 22.
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