Takaful Emarat set to unveil Islamic fund
Takaful Emarat will reveal the first investment fund conceived and developed in-house, which the company sees as a milestone in its fourth year of operations. All the necessary approvals have been gained, including the crucial one from the company's Sharia board.
The open-ended fund has a multi-year tenure and will be managed by Riyadh Capital.
This is a crucial year for the Islamic insurer, being a joint venture between Al Buhaira National Insurance Co and Austria's Uniqa Group.
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