July 18, 2024
On his four and a half acres of land in central Pakistan, Izhar ul-Haq approaches farming as a science. He knows the precise acidity of the soil and the exact amount of brackish groundwater his crops can tolerate if mixed …
October 19, 2017
AIG UK said on Thursday it had underwritten its first sharia-compliant warranty and indemnity policy out of London’s M&A insurance market, as the city looks to Islamic finance to help bring new business. Development of Islamic finance is accelerating in …
November 9, 2015
Islamic financial activity in London is developing a growing maturity, the chief executive of the International Underwriting Association (IUA), stated. Dave Matcham pointed to the growth of commercial sharia compliant products as an important example of the innovation required by …
August 21, 2015
Shariah-compliant managing general agent Cobalt Underwriting has been selected as the insurer of preference for the proposed London Paramount Entertainment Resort in Kent, England. Valued at £3 billion ($4.6 billion), the Paramount Studios-backed project is set to transform the Swanscombe …
June 18, 2015
Malaysia’s Islamic insurers are seeking to double policyholders in five years by investing more in digital technologies to attract a younger audience, according to the industry association’s head. Takaful operators should also step up educational campaigns to boost customers to …
January 9, 2013
Dubai is launching a drive to develop its Islamic business sector, aiming to attract fresh investment from the Middle East and south-east Asia, the emirate’s ruler said on Wednesday. The government will promote Islamic banking and insurance, Islamic financial products …