From an already strong foundation Takaful is growing into a major force in Bahrain, with its leading Takaful companies enjoying growth at more than double the level of conventional companies. The government is planning to reinforce Bahrain's position as a hub for the Takaful market, to protect and develop this fledgling and potentially lucrative industry.
Although other centres around the world are trying to wrest control of this potentially massive business from Bahrain, it still retains a steely grip on the Takaful industry. The Central Bank of Bahrain (CBB) has been working to establish an International Takaful Association in Bahrain and make it the headquarters of the industry.
If Takaful is to grow to the predicted $14 billion by 2015, and the government secures Bahrain as a hub, this sector of the financial industry could be a massive income generator for the country.
The theme of Takaful 2008 is : Unlocking Takaful & Re-Takaful Opportunities: Product Innovation, Bancatakaful & Mitigating Risk
Conversation is the inspiration for innovation, Takaful 2008 sessions are designed to make you think, our conferences are designed to make you think together.
A panel of leading local and international presenters in this field has been specially gathered for Takaful 2008.These vastly knowledgeable and experienced speakers will take you through the various vital issues on Takaful & Re-Takaful such as, the scope and opportunities for Takaful product development, need for an international regulatory framework for Takaful, Global insurance trends, challenges of Re-Takaful Industry, pre-requisities for Bancatakaful success.
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