Il Takaful tra economia, diritto e religione. Annotazioni sul concetto di “gestione insieme” nel comparto assicurativo islamico

This paper will examine the takaful industry in terms of its growth potential and the challenges associated with its development. The opportunities associated with Takaful are numerous, mainly due to its wider market reach and adaptability. Unlike conventional insurance, Takaful is permissible for Muslims and non-Muslims alike, offering a more diverse range of products. Additionally, the takaful industry is among the fastest-growing businesses in the global insurance sector. Nevertheless, despite the potential of takaful, the industry is confronted with numerous challenges. It is of the utmost importance to note that the overall value of the takaful industry in terms of total assets and contributions (premiums) is insignificant when considered in relation to both the size of the Muslim population and the conventional insurance industry. Furthermore, the challenges related to supervision and transparency, standardisation, and lack of knowledge must be considered. Therefore, this paper will analyse the economic potential and impact of the takaful industry, as well as explore the role of takaful in poverty alleviation, where some research has already proven successful. Additionally, it will examine the challenges facing the industry, which are slowing down its development and preventing it from reaching its full potential.