Thursday, July 26, 2007

Retakaful, sukuk and a new Islamic bank

MNRB Holdings will become the first retakaful operator in Malaysia (Business Times Malaysia) when it begins operating on August 1st. The takaful industry has struggled in the past because it has relied upon conventional reinsurers because that was the only option available for takaful providers.

A description (Zawya) of the recently launched Investment Dar Bank in Bahrain.

Kuwait will allow sukuk (AMEinfo).

No comments: