Mutual backed guarantee
As the first Sharia law-compliant mutual opens in the UK, insurers are eager to incorporate more takaful-based products into their businesses. But a number of thorny questions around distribution, handling cash flow and accruing interest remain, as Marcus Alcock reports
News this month that the Malta Financial Services Authority is considering changes that would allow Islamic insurers and other Sharia-compliant financial services companies to operate under the
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