28.08.2009 - Islamic insurance gains toehold in U.S.

From Northwestern.edu: American International Group Inc., the U.S.-based insurer that nearly imploded in 2008 because of its exposure to risky financial instruments, is taking a different tack these days. Earlier this year, the insurance giant became the first company to offer Islamic homeowners insurance, known as Takaful, in the U.S. with plans to expand into auto and other insurance products in the next six months..............Full Article: Source

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