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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Egypt plans to strengthen its Islamic finance

Posted on 25 April 2011

Saleh MalaikahEgypt has keen interest in developing Islamic insurance, or takaful, which makes up 5 percent of Egypt’s $1.45 billion insurance market, but it is expected to grow dramatically, according to a March report by Islamic consultancy BMB Islamic.
Salama Islamic Arab Insurance’s chief executive Saleh Malaikah said this month that demand for its products in Egypt have grown significantly since the revolution……………………………………….Full Article: Source

 
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