Analysis: Takaful, all promise and little delivery
With more than three million Muslims in the UK, there has long been a feeling that sharia-compliant insurance products should find a market but the reality has proved the opposite. So far, every attempt to establish a takaful insurer in the UK domestic market has failed.
2018 opened with another new player attempting to exploit this potential market as Halal Insure launched household and landlord covers. The firm gives little away regarding its ownership or source of
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