Algeria – The crisis pushes toward Islamic insurance
Saturday, 04 23 2016, Category: Islamic Insurance, Country: Algeria
Algeria is bracing itself to open the door for “Islamic insurance” usually labeled as “Takaful insurance”. This follows the directives of the minister of finance His Excellency Mr. Abderrahmane Benkhalfa to experts in the National Council of Insurance in order to develop consultations on this issue and propose legal proposals in order to open up to “Islamic finance”. For more details meeting were held with experts such the general manager of “Salama Assurance” Mr. Benarabia Mohamed and the Algerian Islamic finance expert in Malaysia Dr. Younes Soualhi and the academic expert Dr. Suleiman Nasser.
Source: El Khabar