Arbitrating Disputes In The Retakaful World (Dewey & LeBoeuf)

The remarkable economic growth that the Muslim world has experienced in recent years, together with a substantial increase in the availability of Shari’a compliant financing, has created a burgeoning demand for insurance products that are compatible with Islamic principles (commonly referred to as “takaful”). The market for takaful has grown at a precipitous rate and is expected to continue trending upwards. One estimate of the global takaful market anticipates an $11 billion industry by 2015.

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