Qatar's takaful insurance market

According to Ali Al-Abdulghani, President and CEO of Qatar Islamic Insurance Group, Qatar’s takaful insurance market continues to experience strong growth.

The sector’s development is being driven by digital transformation and a stable regulatory environment. Policyholders, increasingly focused on protecting their families, assets, and businesses, are turning toward ethical and transparent insurance solutions.

Technological advancements are also fueling demand for services accessible through online platforms, prompting insurers to accelerate the digitization of their offerings, particularly in motor, health, and travel insurance.

In addition, Qatar’s role as an international hub for sporting, economic, and cultural events is boosting demand for takaful coverage among foreign visitors.

According to Al-Abdulghani, interest in Sharia-compliant products is expected to rise further among SMEs and large corporations by 2026.