Expanding financial inclusion in Indonesia through Takaful: opportunities, challenges and sustainability

What is it about?

This study looks into how Takaful, a type of Islamic insurance, can help more people in Indonesia have access to financial services and boost the country's economy. By studying data and trends related to Takaful, the research found that Takaful has a direct positive effect on economic growth and helps more people access financial services. This research is unique because few studies have examined this topic in Indonesia. The findings suggest that Takaful could be a valuable tool for improving the economy and helping more people in Indonesia have better financial lives.

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