| 19.03.2010 - Malaysian body creates new Islamic reinsurance model |
| From Reuters: Islamic finance researchers backed by the Malaysian central bank have developed a new wadiah retakaful model which could boost protection for sharia insurers. The structure aims to address some of the sharia objections to the popular wakala, mudaraba and hybrid models currently used by Islamic reinsurers who play a key role in the $14 billion takaful industry.......................................Full Article: Source |