Takaful refers to a sharia-compliant insurance system through which members mutually contribute a sum of money, so as to support each other in case of a loss, damage or theft. The objective of takaful is to cooperate, live harmoniously amongst the community and protect each other against uncertain mishaps. The policyholders of takaful contributes regularly on monetary basis which are supervised and managed by a takaful management firm. Nonetheless, the surplus amount invested is then employed for making investments which are helpful for earning a higher profit for the policyholders.
The Islamic Insurance market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.
Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.
In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Islamic Insurance industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.
The Islamic Insurance market can be split based on product types, major applications, and important countries as follows:
Key players in the global Islamic Insurance market covered in Chapter 12:
JamaPunji
Takaful Malaysia
Qatar Islamic Insurance Company
Prudential BSN Takaful Berhad
Zurich Malaysia
Islamic Insurance Company
Standard Chartered
Takaful Brunei Darussalam Sdn Bhd
Salama
AMAN
Allianz
In Chapter 4 and 14.1, on the basis of types, the Islamic Insurance market from 2015 to 2025 is primarily split into:
Life/Family, Takaful (Life Insurance)
General, Takaful (Product Insurance)
In Chapter 5 and 14.2, on the basis of applications, the Islamic Insurance market from 2015 to 2025 covers:
Family
Government
Business
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
United States
Canada
Mexico
Europe (Covered in Chapter 8 and 14)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 9 and 14)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 10 and 14)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 11 and 14)
Brazil
Argentina
Columbia
Chile
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Islamic Insurance Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Islamic Insurance
1.3 Scope of The Study
1.3.1 Key Market Segments
1.3.2 Players Covered
1.3.3 COVID-19's impact on the Islamic Insurance industry
1.4 Methodology of The Study
1.5 Research Data Source
2 Executive Summary
2.1 Market Overview
2.1.1 Global Islamic Insurance Market Size, 2015 - 2020
2.1.2 Global Islamic Insurance Market Size by Type, 2015 - 2020
2.1.3 Global Islamic Insurance Market Size by Application, 2015 - 2020
2.1.4 Global Islamic Insurance Market Size by Region, 2015 - 2025
2.2 Business Environment Analysis
2.2.1 Global COVID-19 Status and Economic Overview
2.2.2 Influence of COVID-19 Outbreak on Islamic Insurance Industry Development
3 Industry Chain Analysis
3.1 Upstream Raw Material Suppliers of Islamic Insurance Analysis
3.2 Major Players of Islamic Insurance
3.3 Islamic Insurance Manufacturing Cost Structure Analysis
3.3.1 Production Process Analysis
3.3.2 Manufacturing Cost Structure of Islamic Insurance
3.3.3 Labor Cost of Islamic Insurance
3.4 Market Distributors of Islamic Insurance
3.5 Major Downstream Buyers of Islamic Insurance Analysis
3.6 The Impact of Covid-19 From the Perspective of Industry Chain
3.7 Regional Import and Export Controls Will Exist for a Long Time
3.8 Continued downward PMI Spreads Globally
4 Global Islamic Insurance Market, by Type
4.1 Global Islamic Insurance Value and Market Share by Type (2015-2020)
4.2 Global Islamic Insurance Production and Market Share by Type (2015-2020)
4.3 Global Islamic Insurance Value and Growth Rate by Type (2015-2020)
4.3.1 Global Islamic Insurance Value and Growth Rate of Life/Family, Takaful (Life Insurance)
4.3.2 Global Islamic Insurance Value and Growth Rate of General, Takaful (Product Insurance)
4.4 Global Islamic Insurance Price Analysis by Type (2015-2020)
5 Islamic Insurance Market, by Application
5.1 Downstream Market Overview
5.2 Global Islamic Insurance Consumption and Market Share by Application (2015-2020)
5.3 Global Islamic Insurance Consumption and Growth Rate by Application (2015-2020)
5.3.1 Global Islamic Insurance Consumption and Growth Rate of Family (2015-2020)
5.3.2 Global Islamic Insurance Consumption and Growth Rate of Government (2015-2020)
5.3.3 Global Islamic Insurance Consumption and Growth Rate of Business (2015-2020)
6 Global Islamic Insurance Market Analysis by Regions
6.1 Global Islamic Insurance Sales, Revenue and Market Share by Regions
6.1.1 Global Islamic Insurance Sales by Regions (2015-2020)
6.1.2 Global Islamic Insurance Revenue by Regions (2015-2020)
6.2 North America Islamic Insurance Sales and Growth Rate (2015-2020)
6.3 Europe Islamic Insurance Sales and Growth Rate (2015-2020)
6.4 Asia-Pacific Islamic Insurance Sales and Growth Rate (2015-2020)
6.5 Middle East and Africa Islamic Insurance Sales and Growth Rate (2015-2020)
6.6 South America Islamic Insurance Sales and Growth Rate (2015-2020)
7 North America Islamic Insurance Market Analysis by Countries
7.1 The Influence of COVID-19 on North America Market
7.2 North America Islamic Insurance Sales, Revenue and Market Share by Countries
7.2.1 North America Islamic Insurance Sales by Countries (2015-2020)
7.2.2 North America Islamic Insurance Revenue by Countries (2015-2020)
7.3 United States Islamic Insurance Sales and Growth Rate (2015-2020)
7.4 Canada Islamic Insurance Sales and Growth Rate (2015-2020)
7.5 Mexico Islamic Insurance Sales and Growth Rate (2015-2020)
8 Europe Islamic Insurance Market Analysis by Countries
8.1 The Influence of COVID-19 on Europe Market
8.2 Europe Islamic Insurance Sales, Revenue and Market Share by Countries
8.2.1 Europe Islamic Insurance Sales by Countries (2015-2020)
8.2.2 Europe Islamic Insurance Revenue by Countries (2015-2020)
8.3 Germany Islamic Insurance Sales and Growth Rate (2015-2020)
8.4 UK Islamic Insurance Sales and Growth Rate (2015-2020)
8.5 France Islamic Insurance Sales and Growth Rate (2015-2020)
8.6 Italy Islamic Insurance Sales and Growth Rate (2015-2020)
8.7 Spain Islamic Insurance Sales and Growth Rate (2015-2020)
8.8 Russia Islamic Insurance Sales and Growth Rate (2015-2020)
9 Asia Pacific Islamic Insurance Market Analysis by Countries
9.1 The Influence of COVID-19 on Asia Pacific Market
9.2 Asia Pacific Islamic Insurance Sales, Revenue and Market Share by Countries
9.2.1 Asia Pacific Islamic Insurance Sales by Countries (2015-2020)
9.2.2 Asia Pacific Islamic Insurance Revenue by Countries (2015-2020)
9.3 China Islamic Insurance Sales and Growth Rate (2015-2020)
9.4 Japan Islamic Insurance Sales and Growth Rate (2015-2020)
9.5 South Korea Islamic Insurance Sales and Growth Rate (2015-2020)
9.6 India Islamic Insurance Sales and Growth Rate (2015-2020)
9.7 Southeast Asia Islamic Insurance Sales and Growth Rate (2015-2020)
9.8 Australia Islamic Insurance Sales and Growth Rate (2015-2020)
10 Middle East and Africa Islamic Insurance Market Analysis by Countries
10.1 The Influence of COVID-19 on Middle East and Africa Market
10.2 Middle East and Africa Islamic Insurance Sales, Revenue and Market Share by Countries
10.2.1 Middle East and Africa Islamic Insurance Sales by Countries (2015-2020)
10.2.2 Middle East and Africa Islamic Insurance Revenue by Countries (2015-2020)
10.3 Saudi Arabia Islamic Insurance Sales and Growth Rate (2015-2020)
10.4 UAE Islamic Insurance Sales and Growth Rate (2015-2020)
10.5 Egypt Islamic Insurance Sales and Growth Rate (2015-2020)
10.6 Nigeria Islamic Insurance Sales and Growth Rate (2015-2020)
10.7 South Africa Islamic Insurance Sales and Growth Rate (2015-2020)
11 South America Islamic Insurance Market Analysis by Countries
11.1 The Influence of COVID-19 on Middle East and Africa Market
11.2 South America Islamic Insurance Sales, Revenue and Market Share by Countries
11.2.1 South America Islamic Insurance Sales by Countries (2015-2020)
11.2.2 South America Islamic Insurance Revenue by Countries (2015-2020)
11.3 Brazil Islamic Insurance Sales and Growth Rate (2015-2020)
11.4 Argentina Islamic Insurance Sales and Growth Rate (2015-2020)
11.5 Columbia Islamic Insurance Sales and Growth Rate (2015-2020)
11.6 Chile Islamic Insurance Sales and Growth Rate (2015-2020)
12 Competitive Landscape
12.1 JamaPunji
12.1.1 JamaPunji Basic Information
12.1.2 Islamic Insurance Product Introduction
12.1.3 JamaPunji Production, Value, Price, Gross Margin 2015-2020
12.2 Takaful Malaysia
12.2.1 Takaful Malaysia Basic Information
12.2.2 Islamic Insurance Product Introduction
12.2.3 Takaful Malaysia Production, Value, Price, Gross Margin 2015-2020
12.3 Qatar Islamic Insurance Company
12.3.1 Qatar Islamic Insurance Company Basic Information
12.3.2 Islamic Insurance Product Introduction
12.3.3 Qatar Islamic Insurance Company Production, Value, Price, Gross Margin 2015-2020
12.4 Prudential BSN Takaful Berhad
12.4.1 Prudential BSN Takaful Berhad Basic Information
12.4.2 Islamic Insurance Product Introduction
12.4.3 Prudential BSN Takaful Berhad Production, Value, Price, Gross Margin 2015-2020
12.5 Zurich Malaysia
12.5.1 Zurich Malaysia Basic Information
12.5.2 Islamic Insurance Product Introduction
12.5.3 Zurich Malaysia Production, Value, Price, Gross Margin 2015-2020
12.6 Islamic Insurance Company
12.6.1 Islamic Insurance Company Basic Information
12.6.2 Islamic Insurance Product Introduction
12.6.3 Islamic Insurance Company Production, Value, Price, Gross Margin 2015-2020
12.7 Standard Chartered
12.7.1 Standard Chartered Basic Information
12.7.2 Islamic Insurance Product Introduction
12.7.3 Standard Chartered Production, Value, Price, Gross Margin 2015-2020
12.8 Takaful Brunei Darussalam Sdn Bhd
12.8.1 Takaful Brunei Darussalam Sdn Bhd Basic Information
12.8.2 Islamic Insurance Product Introduction
12.8.3 Takaful Brunei Darussalam Sdn Bhd Production, Value, Price, Gross Margin 2015-2020
12.9 Salama
12.9.1 Salama Basic Information
12.9.2 Islamic Insurance Product Introduction
12.9.3 Salama Production, Value, Price, Gross Margin 2015-2020
12.10 AMAN
12.10.1 AMAN Basic Information
12.10.2 Islamic Insurance Product Introduction
12.10.3 AMAN Production, Value, Price, Gross Margin 2015-2020
12.11 Allianz
12.11.1 Allianz Basic Information
12.11.2 Islamic Insurance Product Introduction
12.11.3 Allianz Production, Value, Price, Gross Margin 2015-2020
13 Industry Outlook
13.1 Market Driver Analysis
13.1.2 Market Restraints Analysis
13.1.3 Market Trends Analysis
13.2 Merger, Acquisition and New Investment
13.3 News of Product Release
14 Global Islamic Insurance Market Forecast
14.1 Global Islamic Insurance Market Value & Volume Forecast, by Type (2020-2025)
14.1.1 Life/Family, Takaful (Life Insurance) Market Value and Volume Forecast (2020-2025)
14.1.2 General, Takaful (Product Insurance) Market Value and Volume Forecast (2020-2025)
14.2 Global Islamic Insurance Market Value & Volume Forecast, by Application (2020-2025)
14.2.1 Family Market Value and Volume Forecast (2020-2025)
14.2.2 Government Market Value and Volume Forecast (2020-2025)
14.2.3 Business Market Value and Volume Forecast (2020-2025)
14.3 Islamic Insurance Market Analysis and Forecast by Region
14.3.1 North America Market Value and Consumption Forecast (2020-2025)
14.3.2 Europe Market Value and Consumption Forecast (2020-2025)
14.3.3 Asia Pacific Market Value and Consumption Forecast (2020-2025)
14.3.4 Middle East and Africa Market Value and Consumption Forecast (2020-2025)
14.3.5 South America Market Value and Consumption Forecast (2020-2025)
15 New Project Feasibility Analysis
15.1 Industry Barriers and New Entrants SWOT Analysis
15.1.1 Porter