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Sharia-based insurance licensed

Mon, 2011-01-24 14:43 — newsdesk

Takaful Insurance of Africa will be launched in Nairobi on Tuesday, joining a market currently served by more than 45 conventional insurance companies.
The company, the first such operator in East Africa, was founded in 2008 and registered by the industry regulator, Insurance Regulator Authority, this month.

Source: 

http://www.nation.co.ke/business/news/Sharia-based%20insurance%20license...