Description
Growth of Sharia Insurance business in Indonesia is predicted to have bright prospect in 2011. It is believed that the premium of sharia insurance will reach Rp. 6 trillion or increase by 50% if compared with that in 2010 of Rp. 3.9 trillion and this indication shows that almost all indicators of sharia insurance growth experience positive trend.
Based on the observation of CDMI, the number of sharia insurance players has kept on rising. Up to end 2010, there were 44 insurance leading insurance companies having already opened sharia units.