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Islamic Finance Briefing - Categorized | Insurance (Takaful), Market Moves more

Islamic Arab Insurance plans acquisitions

Posted on 06 May 2009

From Thepeninsulaqatar.com: Islamic Arab Insurance Co (Salama), the world’s largest Islamic insurance or takaful company, is looking for acquisitions in a number of markets including Turkey, a company executive said yesterday.

The Dubai-listed group was well-capitalised with around Dh1.1bn ($299.5m) in its coffers, Noel D’ Mello, general manager of Salama’s Family Takaful unit, told reporters…….Full Article: Source

 
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