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Swiss Life has launched a Sharia-compliant life insurance contract in France

Posted on 10 July 2012

The insurer Swiss Life has launched Salam Epargne & Placement a life insurance product aimed at French residents. This multi-fund insurance contract complies with the principles of ethical and Islamic finance.
It enables policyholders to invest in the various UCITS of the Salam-Pax Sicav, a “Sharia-compliant” fund of funds. It has been certified by the European Independent Committee of Islamic Finance (CIFIE)………………………………………..Full Article: Source

 
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