
Many Islamic countries are currently experiencing record economic growth, stimulated by high global energy prices. There is a desire across the Middle East and North Africa region for financial services of all kinds to be Shari’ah-compliant. Nowhere is this truer than in the sphere of takaful, or Islamic insurance.
As with conventional insurance, so with takaful, there is a requirement for a secondary market which can bring capital strength and technical expertise to support the growth and development of the domestic risk carriers – local takaful operating companies.
ACR ReTakaful MEA has been established with strong shareholder support from leading investors in Dubai and Malaysia, as well as from ACR itself, to meet that requirement.
We look forward to working with our clients and with other retakaful operators to build a strong and vibrant takaful market throughout the Middle East, the Gulf – and Asia.
JONATHAN WILTON
Chief Executive Officer