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Jan 2013

Global Takaful


ICIEC signs co-operation agreement with European insurer

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has signed an agreement with European insurer Garant Versicherungs-AG to insure and reinsure trade and investment flows to and from ICIEC member countries.

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Bigger strides for Islamic finance in coming decade - S'pore DPM

Islamic finance is poised to expand over the next 10 to 15 years after surpassing the trillion-dollar mark in 2012, said Singapore's Deputy Prime Minister Tharman Shanmugaratnam at the opening of the World Islamic Economic Forum held in Malaysia last November.

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Sukuk demand to double to US$421 bln by 2016 - report

Global sukuk demand is expected to double from US$240 billion in 2012 to reach $421 billion by 2016, according to a recent study by Thomson Reuters.

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