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Saudi Re appoints Shariah Board

Posted on 09 June 2011

Saudi Re, the GCC’s largest reinsurer, has appointed its Shari’ah Board effective May, 2011. The members are: Sheikh Dr. Abdulsattar Abu Ghuddah; Sheikh Dr. Mohamed Ali Elgari; and Sheikh Yousef Al-Farraj
Fahad Al-Hesni, Chief Executive Officer of Saudi Re said, “The Shari’ah Board will help Saudi Re to remain responsive to the requirements of its clients, and develop solutions that satisfy the Takaful industry demands for Shari’ah-compliant reinsurance services.”……………………………………….Full Article: Source

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