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Kenya Reinsurance Corporation plans to venture into Sharia-compliant business to grow its income and tap into the expanding Islamic finance in Africa and the Middle East where it already has a presence.
The venture into what is known as Retakaful is part of the company’s five year plan of product diversification to meet the reinsurance demands of new businesses………………………………………Full Article: Source
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Islamic Finance Briefing - Categorized | Insurance (Takaful), New Launches more
Kenya Re eyes new deals with Sharia-compliant unit
| Posted on 13 June 2011 |
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