Kenya Re to snare Islamic business
Kenya Reinsurance Corporation is searching to raise its revenue growth to more than the 13% it enjoyed in the first half of this year by diversifying into the Islamic space.
The fact that in East Africa a Shari'ah compliant reTakaful operation will be launched, should let Kenya Re trap the business of Kenya's Takaful Insurance of Africa, as well as that of conventional insurers that have opened up Islamic windows, such as Canon Assurance.
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