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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Insurance (Takaful) more

Pakistan: Takaful rules 2012 : Opportunity for insurance under Shariah

Posted on 06 August 2012

Conventional insurance companies can open window operations of Takaful by taking benefit from Takaful rules 2012, announced by Securities and Exchange Commission of Pakistan (SECP).
The Takaful industry will progress rapidly at national level under thee rules, said AlHuda Centre of Islamic Banking and Economics Chief Executive Officer Muhammad Zubair Mughal. He declared the Takaful Rules 2012 a good step for the industry, which would promote the industry rapidly at national level and the masses would have an opportunity to fulfil their insurance needs under Shariah………………………………………..Full Article: Source

 
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