Islamic reinsurance

Islamic reinsurance moves to displace use of conventional finance
Business

Islamic reinsurance moves to displace use of conventional finance

 Islamic reinsurance (retakaful) is getting a face-lift because of new entrants and a widening market for sharia-compliant insurance products, helping…
IDB unit extends Islamic reinsurance for Apache’s Egypt projects
Egypt

IDB unit extends Islamic reinsurance for Apache’s Egypt projects

A unit of the Jeddah-based Islamic Development Bank, a multilateral lending institution, has provided $80 million worth of sharia-compliant reinsurance…
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