Despite being the birthplace of Takaful, the industry in the Middle East has only recently seen an uptrend in terms of growth. RAPHAEL WONG questions the reason behind this and examines the Takaful industry’s future in the region. Takaful is moving in tandem with every other sector in the Islamic finance industry, which is upwards. A recent report revealed that while the conventional insurance sector took a hit during the global financial crisis, its Islamic counterpart not only came out....