11.09.2012 - Absa: Africa target for Islamic insurance
Africa will remain a key focus for Barclays and Absa and one of the next steps is to take the group’s Islamic Insurance offering‚ Takaful‚ into the African continent‚ says Uwaiz Jassat‚ Takaful South Africa’s CEO. Africa has a Muslim population of more than 500 million and Jassat says this market provides a massive opportunity for Absa. The Takaful (Islamic Insurance) product was launched in South Africa in 2003. In 2011 Absa acquired the business of Takafol South Africa...............................................Full Article: Source
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