24.01.2011 - East Africa's first Sharia-compliant insurance company opens in Kenya
From Ahlul Bayt News Agency: The first fully sharia-compliant insurance company has been licensed and is due to open on Tuesday , a move expected to deepen penetration of such financial institutions in the East Africa region. Takaful Insurance of Africa will be launched in Nairobi on Tuesday, joining a market currently served by more than 45 conventional insurance companies..............................................Full Article: Source
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