Abstract:
This study investigates the macroeconomic and socio-economic determinants influencing the demand for Takaful (Islamic insurance) across selected Muslim countries between 2004 and 2016. Despite the growing global interest in Islamic finance, Takaful remains underdeveloped compared to other sectors such as Islamic banking and Sukuk. This research aims to identify the key factors affecting Takaful uptake by examining the effects of real interest...
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