Purchase of Takafol SA for undisclosed sum follows purchase of life insurer in Mozambique and greenfield start-up in Botswana
Takafol, established in 2003, will become part of Absa Islamic Banking and operate under the name Absa Takafol. Absa itself is 56.4 per cent-owned by Barclays, incidentally the largest single foreign direct investment in South Africa……………………………………….Full Article: Source