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Banking duo plan to launch Azerbaijan's first Islamic insurer

national-bank-azerbaijan

Azerbaijan-based Amrahbank is to establish the country's first Islamic insurer in conjunction with the Islamic Corporation for the Development of the Private Sector, according to local media reports.

Azerbaijani news service Trend said that Amrahbanks's director of business development, Shafiga Hajiyeva, made the announcement after attending the World Takaful Conference and the Islamic Finance and

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