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For these reasons, 23,000 Algerians chose Takaful insurance in 90 days

September 2, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
For these reasons, 23,000 Algerians chose Takaful insurance in 90 days

Takaful companies with full powers and new windows enter the competition. Sukuk opens new horizons for Takaful insurance to invest its surpluses. The use of digitization and artificial intelligence reduces compensation periods. The Takaful insurance market in Algeria is expanding with the entry of new offers, an increase in the number of agencies, and the opening of subscriptions through banks, allowing customers to find multiple options between property and life insurance and other products, whether in Takaful or traditional forms. Hassen Khalifati, a member of the Algerian Federation of Insurance and Reinsurance Companies, stated to 'Echorouk' that Takaful insurance activity is witnessing significant development, and this type of insurance is starting to find its place in the market, especially with the increasing acceptance...

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