AMTakaful (eventually) opens for business
AmTakaful has finally registered with Bank Negara Malaysia allowing it to start selling family Takaful products in the country.
Late last year The Islamic Globe reported on the signing of the shareholder’s agreement between Friends Life and AMMB Holdings.
The license for the JV was issued in 2010 after Malaysia’s 2009 announcement of the liberalization of its financial sector.
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