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

Islamic insurance company Salaam Halal closes to new business

Posted on 19 November 2009

From Telegraph: The first Islamic insurance company to be launched in the UK has closed to new business after failing to raise enough capital to continue trading.
Salaam Halal, launched last July, has written to suppliers and partners informing them it is now in “solvent run-off”. A note has also been placed on its web site revealing it is no longer accepting “new requests for insurance quotations”…………Full Article: Source

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