22.03.2012 - Singapore: More insurance options open to Muslims
Singapore's Islamic authorities have given Muslims more leeway in planning their personal finances. Muslims may now change the beneficiaries of their insurance policies. This is known as a revocable nomination under insurance laws. In a new fatwa, or religious ruling, that takes effect on Thursday, the Islamic Religious Council of Singapore (Muis) says such nominations do not contradict Islamic principles...............................................Full Article: Source
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