Morgan Stanley has projected increasing demand in the Islamic insurance and reinsurance industry in the future, as stated in its report on Islamic Arab Insurance Company (Salama). ‘Salama – Interesting Opportunity in Niche Takaful Market’ is authored by Kathy Fear, Morgan Stanley’s insurance analyst. In the report, Fear said that Salama is a rare opportunity for investors to get exposure in the Takaful and reTakaful market.