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$200m ACR Retakaful MEA granted Bahrain licence

The Central Bank of Bahrain has granted a licence for the establishment of ACR Retakaful MEA an Islamic reinsurer, the Bahrain News Agency has reported.

The firm is a wholly-owned subsidiary of Dubai-based ACR Retakaful holdings, established recently as a joint venture between Dubai Islamic Investment Group, which is part of Dubai Holding, Malaysian

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