The second annual Middle East Takaful Forum (METF 2013) is set to gather over 250 high-level senior decision-makers from the regional insurance industry.

It will be held on October 7 and 8 in Bahrain, said a report in the Gulf Daily News, our sister publication.

Discussions will seek to overcome the profitability challenge for Middle East takaful operators and achieve sound and sustainable underwriting profitability.

The theme for METF 2013 picks up on these challenges and opportunities and focuses on "Adapting to Change: Fresh Thinking to Boost the Efficiency, Profitability and Scale of Islamic Co-operative Insurance in the Middle East".

These key elements will determine which takaful players will be best placed to take advantage of strongly increasing product demand based on exciting consumer demographics, rising income levels and an increasing appetite for Sharia-compliant products. – TradeArabia News Service