Long prohibited by religious law, insurance is entering the Islamic world. There's a lot of things you may not know about the Islamic world. For starters, in many Islamic nations, the weekend starts ...

Islamic insurance is expanding at a healthy rate but it has not grown without a few hiccups. One of these is a shortage of Shariah-compliant reinsurance to help share the risk. 06 July 2009 Chakib ...

Tie your camel first and then put your trust in Allah. This hadith implies the need for Muslims to mitigate risk. The case of insurance is testament to the ability of Islamic finance to evolve in its ...

Islamic financial planning is a holistic approach to financial advice that helps clients achieve short- and long-term financial goals within the confines of Islamic law. One of the cornerstone ...

International insurance rating agency AM Best has affirmed Qatar Islamic Insurance Group's financial strength rating at 'A- (Excellent)' and the long-term issuer credit rating at “a-” (Excellent) with ...

It accounts for only one per cent of global assets today, but Islamic finance is growing fast and it offers an interesting alternative to the way the financial sector operates across much of the world ...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) ( ), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and Al Baraka Islamic Bank ...

KUALA LUMPUR, Sept 22 (Reuters) - AIA Bhd, the Malaysian unit of American International Assurance Co (AIA), has been awarded Malaysia's first international takaful (Islamic insurance) licence, the ...

Kenya’s regulator has introduced new takaful (Islamic insurance) rules which will allow the entry of conventional players into the sector, part of efforts to boost capital markets in East Africa’s ...