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Kenya Re Forms Sharia Board for Islamic Market

Posted on 06 August 2012

Kenya Reinsurance Corporation is in the process of establishing a sharia board to handle its plans to re-insure Islamic business. With this the corporation is angling itself to take up increased premiums from the expanding Islamic-compliant insurance services in the country.
“Kenya Re is in advanced stages of establishing a Retakaful Window with the appointment of a sharia board panel this month,” managing director Jadiah Mwarania said………………………………………..Full Article: Source

 
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