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Growth of Takaful Insurance Activity by 70% in 2025

January 24, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Growth of Takaful Insurance Activity by 70% in 2025

The Takaful insurance activity witnessed a growth exceeding 70% during the year 2025, less than three years after its launch, according to the CEO of 'Alger Takaful', Mahfoud Bouziane, highlighting the promising prospects of this activity in the national financial market. Bouziane explained in a statement to 'APS' that the Takaful insurance activity in Algeria, both general and family types, despite its novelty, 'has achieved real accomplishments and significant steps in terms of growth and spread, alongside the increasing demand from operators, whether institutions or individuals,' noting that it 'recorded positive indicators and a growth rate exceeding 70% during the year 2025, both in terms of subscription volume and the number of subscribers which has doubled by more than ...

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