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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Insurance (Takaful) more

Takaful Offer: Sri Lanka Islamic insurer’s Maldives unit in IPO

Posted on 12 September 2011

Sri Lanka’s Amana Takaful, an insurer operating on Shariah islamic finance rules said its unit in the Maldives selling 800,000 shares to raise 16 million rufiyaa in an initial public offer.
The offer would open on September 20. The firm would sell the shares at 20 rufiyaa each. Amana Takaful (Maldives) Plc, is owned through Amana Takaful Global Ltd, a fully owned unit of Colombo listed Amana Takaful Insurance said in a stock exchange filing……………………………………….Full Article: Source

 
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