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Pakistans Jubilee Insurance plans Islamic insurance business

Fri, 2014-10-10 12:07 — newsdesk

Jubilee General Insurance Co will seek shareholder approval to offer Islamic insurance Takaful to enter the sector after conventional firms were allowed to offer sharia-compliant products earlier this year. Other firms entering the market include United Insurance Company of Pakistan and EFU Group, Pakistan's largest insurer, which plans Takaful windows for both its life and general businesses.

Source: 

http://www.reuters.com/article/2014/10/10/islamic-insurance-pakistan-idU...

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