IslamicFinance.de

The UK should capitalise on the growing Takaful insurance market, or other countries will steal London's lead, said experts at an IUA briefing on Islamic insurance held at Lloyd's on Tuesday. The UK government wants London to become the western hub for Islamic finance, particularly commercial insurance, said Susan Dingwall, head of Islamic insurance and partner at Norton Rose Fulbright. The government's focus on commercial lines of insurance is big break from the past, said Dingwall, speaking at a briefing hosted by the International Underwriting Association (IUA) in London this morning.