Insurance Post

Relaunch of UK's first Takaful insurer hits the skids

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The rescue and relaunch of the UK's first Shariah-compliant insurer Salaam Halal has fallen through over disagreements with its prospective backer, Post has learnt.

After a series of funding issues, Salaam Halal was entered solvent run-off in October 2009, six months after its launch, when it fell £20m short of a planned £80m funding target.

At the time, the

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