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Islamic Finance Briefing - Categorized | Emerging Trends, Insurance (Takaful) more

Pakistan Takaful industry entering a new era?

Posted on 25 July 2012

The Pakistani Securities and Exchange Commission (SECP) has set out new rules to regulate the country’s Takaful business in light of recommendations made by a committee originally set up five years ago.
SECP Chairman Mohammad Ali unveiled the new regulations on 20 July. The Takaful Rules 2012 replace regulations established in 2005. Over the past seven years, stakeholders had brought to the notice of the authorities a number of problems with these rules………………………………………..Full Article: Source

 
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