Some trust that with the development of other Muslim neighborly items, for example, Islamic ledgers, home loans and youngster trust reserves, shows that there is a gigantic market for these sorts of protection items. However in truth it is trusted that the Islamic protection industry is just 1/1000 of the span of the ordinary protection industry, this joined with the way that over portion of the Islamic protection arrangements sold are in Iran may imply that there may not be such a major market as initially thought.
Junaid Bhatti executive of autonomous Islamic Finance remarked on the Salaam Halal auto protection approach saying that “One thing the Sharia back industry ought to have learned at this point is that basically self-naming as “Islamic” is insufficient to win clients, and achievement can just stop by contending on cost and having an engaging special message.”
There is most likely Salaam Halal auto protection are putting forth an awesome other option to routine strategies, and that they now offer Muslims the opportunity to take out auto protection approaches without stressing that they are overstepping Sharia law.
As Bhatti said being the Islamic option isn’t sufficiently just to ensure a market, Muslims, as every other person, need a focused auto protection cost and if Salaam Halal auto protection can’t convey on that, then simply being the Sharia neighborly option may not be sufficient to get by in an amazingly aggressive market.