International Finance

Tag : insurance

FinanceIslamic Banking

Islamic insurance: The next global trend

Takaful is about risk-pooling while proprietary insurance is concerned with risk transfer Camille Paldi January 13, 2015: Takaful, or Islamic insurance, is a cooperative scheme, where in the participants pay a premium in the form of donation, or tabarru, in a common pool in return for the ability to draw upon that pool upon a...
Islamic Banking

Market for takaful in Europe is looking brighter

The parallels with the mutual sector are helping Tim Evershed November 28, 2014: Takaful insurance can have a bright future in Europe due to its parallels with the mutual sector, according to panellists at International Finance Magazine’s EU Islamic Finance and Banking Summit that took place in London on November 18-19. Non-marine mutual insurance can...
Business Leaders

‘Growth in insurance will come from the dynamic demographics of Saudi Arabia’

Adrian Flowers, CEO of SABB Takaful, discusses the insurance market in Saudi Arabia with Team IFM. August 5, 2014:SABB Takaful is a leading and trusted Islamic Insurance provider in Saudi Arabia, operating according to the principles of Shariah. All its products are reviewed and approved by its Shariah committee before being made available to customers....
Economy

India opens its doors a little more

Sharan Lal says that the announcements on FDI send out a strong message that the newly elected government would promptly draw up action points where ever required July 30,2014: Earlier this July, Arun Jaitley, the Finance Minister of the recently elected NDA government in India, pleased the Indian markets by his announcement on increase in...
FinanceWealth Management

Importance of having a Condominium Insurance

Condo owners need to take in to consideration additional coverage for the building on their condominium association’s master insurance and coverage. 9th September 2013 CTV News, reported that a growing population and a modest job growth will prevent condo markets in Canada’s major cities from crashing, a report from Conference Board of Canada said. Sales...