Pakistan's takaful industry is entering a new phase of scale and sophistication this year, underpinned by strong asset growth, rising investor confidence and product innovation tailored to the country's economic realities.
Industry assets have climbed to approximately PKR3.5tn ($12.52bn), reflecting sustained expansion across both family and general takaful segments, reported the newspaper Dawn.com, quoting industry players.
Market observers say the sector is no longer in its formative stage but is steadily consolidating its position within Pakistan’s broader Islamic finance ecosystem.
Investor appetite has been equally notable. Strong interest in high-profile initial public offerings, including those by Salaam Takaful and Pak-Qatar Takaful, underscores growing confidence in the sector’s long-term prospects.
Analysts point to improving governance standards, regulatory clarity and expanding distribution networks as key factors supporting valuations.