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Islamic Finance Briefing - Categorized | Insurance (Takaful), Market Moves more

Islamic insurance provider Tokio Marine Middle East eyes expansion in Egypt

Posted on 25 February 2011

From Microcapital.org: Ajmal Bhatty, chief executive of Tokio Marine Middle East, a “takaful” (Islamic insurance) provider based in Dubai, reportedly has stated that the recent political turmoil in Egypt will create a greater need for financial protection in the country and will hence provide Tokio Marine an opportunity to further extend its takaful services to the Egyptian market.
As a complement to existing microfinance programs operated by other entities, Tokio Marine is looking into starting micro-takaful schemes in the region…………………………………………Full Article: Source

 
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