Fringe markets to drive takaful gross contributions to $12bn

Global takaful contributions grew by 19% to $8.3bn in 2010, according to Ernst & Young's World Takaful Report 2012.

The Gulf Cooperation Council contributed $5.68bn to the total, and south east Asia contributions were $2bn.

Growth in the GCC slowed to 16% in 2010, from a compound annual growth rate of 41% in 2005

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