EPICENTRE - Takaful: Growing from Strength to Strength

November 2015 / Safar 1437H Takaful is an important growing sector in the Islamic finance industry, with continuous positive growth momentum in key markets and estimations of continued double-digit growth globally. While the GCC and ASEAN are expected to continue to lead the global takaful markets with their substantial growth, emerging markets within Europe and Africa are also showing significant growth potential. OTHER HIGHLIGHTS: "SRIs and the Case for Islamic Investment Funds" Booklet The discourse on Sustainable, Responsible and Impactful (SRI) investment products have taken a new light, mainly after the magnitude and severity of the global financial crisis which impacted almost the entire financial system a few years ago. This Booklet aims to build a case on the potential of Islamic finance to be an alternative investment class, due to the shared values between Islamic finance and SRI. READ MORE HERE Shariah Scholars and Industry Stakeholders Discuss Issues on Financial Safety Nets at the IFSB-ISRA Shariah Roundtable The Islamic Financial Services Board (IFSB) and International Shariah Research Academy for Islamic Finance (ISRA) have successfully organised a Shariah Roundtable themed, ‘Financial Safety Nets: Striking a Balance between Shariah Requirements and the Soundness of the Islamic Financial System’. The Roundtable was held on 5 November 2015 in Kuala Lumpur, Malaysia. READ MORE HERE Please log on to www.mifc.com or call +603 26923481 for more information. Copyright © 2015 Bank Negara Malaysia. All rights reserved. DISCLAIMER :The copyright and any other rights in the selection, coordination, arrangement and enhancement of the information in this electronic newsletter are owned by Bank Negara Malaysia. No part of this electronic newsletter may be modified, reproduced or published without prior permission in writing from Bank Negara Malaysia and the relevant copyright owner. Although every effort has been made to ensure the timeliness, accuracy, adequacy and completeness of this electronic newsletter, Bank Negara Malaysia accepts no responsibility or liability for errors or omissions, if any. The information contained in this electronic newsletter is only up-to-date at the time of transmission, and is not exhaustive and may be updated from time to time on the website: www.mifc.com. Bank Negara Malaysia shall not be liable for loss or damage caused by viruses transmitted by this electronic newsletter. Bank Negara Malaysia is not responsible for any unauthorised changes made to the information in this electronic newsletter or for the effect of such changes. Bank Negara Malaysia appreciates any feedback or suggestions for improvement.