07.05.2010 - Limited clarity in regulatory framework a challenge for takaful sector, says Fitch
From Ameinfo.com: Fitch Ratings has today commented that amidst the robust growth of the takaful industry in recent years, one key challenge for takaful players is the limited clarity in the regulatory and supervisory framework for the sector. Nonetheless, with the introduction of guiding principles and standards for the Islamic financial services industry by the Islamic Financial Services Board (IFSB), a Malaysia-based international standard-setting organisation, the situation is gradually improving............................................Full Article: Source
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