05.11.2012 - Kenya: Call to support Sharia-based insurance
The government and the Insurance Regulatory Authority have been urged to come up with incentives to encourage investments in sharia-based insurance to enhance protection of low income earners among the muslims. Takaful Insurance Africa Kenya CEO Hassan Bashir said lack of distribution networks due to stringent licensing requirements for insurance agencies by IRA and high cost of running micro-Takaful operations have locked out a large population of the community from insurance services...............................................Full Article: Source
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