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

QFCRA grants licence to Allianz Takaful

Posted on 13 August 2009

From Gulf-times.com: The Qatar Financial Centre Regulatory Authority (QFCRA) yesterday granted licence to Allianz Takaful to carry on regulated activities. Allianz Takaful, the first Takaful firm to be authorised by the QFCRA, will be primarily advising on investments in respect of contracts for long term insurance.
QFCRA chairman Phillip Thorpe said the arrival of institutions like Allianz confirmed the QFC’s reputation as a world class financial centre and will help to accelerate the development of the regions’ insurance market…………Full Article: Source

 
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