Islamic finance and Takaful insurance products are growing worldwide in a way that is encouraging their adoption by Islamic as well as non-Islamic countries to support economic growth. Egypt introduced the first Islamic bank in 1963 and in 2003 launched the first Takaful insurance company. The increased demand and success of these products triggered the desire of the Ministry of Finance to support the International Takaful Summit and its objectives. We believe that the summit will help increase the awareness of Islamic banking and Takaful insurance principles and practices which will in turn help in the expansion of the Islamic finance and the Takaful industry in Egypt.