INDONESIA - TAKAFUL - Takaful Dintuntut Rapih In Financial Reporting

Jakarta, (29/11) - In 2012, development efforts in the insurance business sector will continue to be made primarily on micro-insurance and insurance-based sharia. This was revealed by the Head of Insurance Bureau of Bapepam-LK, Isa Rachmatawarta in "Insurance Outlook 2012" in Jakarta, Tuesday (29/11).

Especially for Takaful, he said to strengthen the sector needs to be maximized work patterns in accordance with Islamic principles. (source)

TAKAFUL - Islamic Insurance Industry's Total Assets Grow

Islamic insurance companies' premium revenues grew by 35.65 percent to Rp 3.22 trillion in 2010 from 2009's Rp 2.38 trillion. (IFT/DINUL MUBAROK) JAKARTA (IFT) – Based on data from the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), total assets of the Islamic insurance industry has kept on growing since 2005 due to increased premium revenues. Isa Rachmatawarta, Head of the Insurance Bureau of Bapepam-LK, said that the Islamic industry’s total assets grew by 47.63 percent to Rp 4.46 trillion in 2010 from Rp 3.02 trillion in 2009.(full story)