Abdul Rahman Tolefat
Allianz Takaful in talks on sukuk issue - CEO
Wed, 2010-03-10 17:30 — newsdeskAllianz Takaful is in talks with a regional Islamic institution, urging it to issue a sukuk bond earmarked for the industry, as it struggles to find long term issues in the market, its chief executive said. It has been difficult for takaful - or sharia compliant - insurers to sell products like annuities and pension plans because of the lack of long term Islamic bonds to match such liabilities.
Syndicate
