The Role of Takaful Insurance in Enhancing the Quantitative Development of the Islamic Finance Industry

Subject and purpose of work: This study aims to determine the role of the Takaful insurance sector in enhancing the quantitative development of the Islamic finance industry. Materials and methods: It addresses the theoretical aspects of Takaful insurance and the Islamic finance industry, presenting methods for evaluating the development indicator of this industry in general and quantitative development in particular. Results: The study then examines how Takaful insurance contributes to this development during 2017-2023. Conclusions: The findings indicate that improvements in the development metrics for the Takaful insurance sector play a role in raising this indicator and simultaneously contribute to enhancing the main indicator for the quantitative development of the Islamic finance industry.

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eISSN:	2451-182X
ISSN:	2083-3725

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