Tagged: The Star

Sharia insurance policyholders paid dividend

Sharia insurance policyholders paid dividend

In line with the Sharia law on insurance of sharing profits and losses, Takaful Insurance of Africa company has shared Sh15.6 million surplus from its premium pool with clients. The company on Saturday issued 2,000 clients who contributed to the compan…

Bank unveils Sharia product

Bank unveils Sharia product

A further Sharia-compliant product for corporate customers was recently launched by Barclays bank. It is called La Riba Asset Finance and serves customers to buy assets locally as well as internationally. The product is meant for Muslim clients.
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