Wednesday, September 20, 2006

Syria to offer takaful licenses

"Syria licenses first takaful insurance firms", AMEinfo FN, September 20, 2006

The Syrian government issued three licenses to companies to begin operating in the takaful (Islamic insurance) industry. The market for these products in Syria is estimated at US$500 million per year. Until now, there were only a few (mostly Lebanese) firms allowed to operate in Syria

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