International Finance

Tag : takaful

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....
Islamic Banking

Islamic Microfinance market size touches $1bn, says CEO of CIBE

Islamic Microfinance is rapidly gaining acceptance in Muslim and Non- Muslim countries due to its remarkable performance in poverty eradication; because of which, this industry is making quick progress. Islamic Microfinance is rapidly gaining acceptance in Muslim and Non- Muslim countries due to its remarkable performance in poverty eradication; because of which, this industry is...
Islamic Banking

Nigeria to Spread its Wings in Sharia Banking

Central Bank of Nigeria has approved Osun State an inland state in south western Nigeria plan to issue Nigeria’s first sukuk bond, starting with 10 billion Naira ($ 62 million) 11th August 2013 Nigeria, which has the largest population in the sub Saharan Africa is trying to establish itself as the African hub for Islamic...
Islamic Banking

Nigeria to Spread its Wings in Sharia Banking

Central Bank of Nigeria has approved Osun State an inland state in south western Nigeria plan to issue Nigeria’s first sukuk bond, starting with 10 billion Naira ($ 62 million) 11th August 2013 Nigeria, which has the largest population in the sub Saharan Africa is trying to establish itself as the African hub for Islamic...
Islamic Banking

Takaful seeks to diversify product range

Shariah-based Takaful Insurance of Africa is banking on product diversification and opening of more shops to establish itself better in the region. Shariah-based Takaful Insurance of Africa is banking on product diversification and opening of more shops to establish itself better in the region. The insurer has already acquired an operating licence from the Retirement...