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Islamic Finance Briefing - Categorized | Insurance (Takaful), New Launches more

Qatar-Bahrain takaful to start ops in 2010

Posted on 12 November 2009

From Gulf-times.com: Al Jasr Takaful Insurance, a Bahraini, Qatari joint venture based in Doha, said it plans to start operations in early 2010 and sell 60% of the company in an initial public offering within two years, Manama-based Al Wasat daily reports yesterday.
The company plans to sell, through the IPO, 30% of its capital in Qatar and the other 30% in Bahrain, the paper reported……………………………Full Article: Source

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