National Life and General Insurance Company
ONIC starts dialogue for JV takaful firm
Tue, 2012-08-14 10:18 — newsdeskONIC Holding negotiates with Royal and Sun Alliance to mutually promote takaful insurance company in Oman. ONIC Holding has already obtained an approval from the Oman's Capital Market Authority, after the government decision to allow Islamic banks. However, ONIC has to wait for announcing of a separate set of rules for Sharia-compliant insurance firms, as these are still waiting to be defined by the Capital Market Authority.
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