‘Building Climate Resilience Through Takaful’ is a publication series produced by the United Nations Development Programme (UNDP), the Islamic Development Bank (IsDB) and the Islamic Development Bank Institute (IsDBI) focused on leveraging Takaful for building financial resilience and mitigating climate risks for Muslim majority communities and countries. The first report (available here) highlighted the opportunities, challenges and recommendations for Takaful. ‘Part Two: Developing Takaful Market Systems’, analyses the Takaful market, its structures, challenges and growth potential, providing insights into how it can be further developed to meet the needs of Muslim-majority populations and non-Muslims seeking alternative financing modalities.
