The National Insurance Commission (NAICOM) said takaful insurance, a platform for the protection of lives and properties based on risk sharing as against risk transfer would be opened to Nigerians who are interested in non-profit risk protection services.
The Commissioner for Insurance, Mr. Fola Daniel who confirmed this said the guidelines on takaful insurance would be released by the commission before the end of the third quarter of this year………………………………………..Full Article: Source