Islamic finance in Turkey continues to grow with new products. Doğa Insurance, as of June "Participation Insurance" took their products to market. Prime Minister Recep Tayyip Erdogan stressed at the opening of the Ziraat Participation Bank "takaful" (Islamic insurance), indicating the related work that they started much earlier Nature Insurance Chairman Nihat Kırmızı, "In our country, the first example of the participation Insurance under the cooperative structure, we offer the service," he said. The system will work with nonprofit cooperative model that met the non-profit insurance. 'Insurance company in the takaful funds that accumulate, considered the primary investment vehicle. Damages and responsibilities are divided according to their share of the participants.
FUTURE IN PERSONAL RETIREMENT INSURANCE
Nihat Kırmızı, "A significant part of interest sensitive. This part of Turkey, compulsory insurance does not choose to take any insurance product outside. We see even some that compulsory insurance in taking. We found that there is a need in the To conclude takaful insurance in Turkey. Preparation Our complete. Us all of our members can be our policy areas or partner. Preferences who can participate in the accession funds, "he said. Participation banks for takaful in red explaining they shook hands with many financial institutions, among them: "Interest rate sensitivity is a person who is doing the compulsory traffic insurance, but the house does not insure the workplace. can take these policies with Tekafull. In the health branch we have 2016-faceted plan . We can think of personal retirement insurance after 2016.”