Egypt – Misr Insurance Takaful to be launched
Wednesday, 02 07 2018, Category: Islamic Insurance, Country: Egypt
Mr. Khaled Badawi, minister of public sector affairs will launch on the next Thursday Misr Insurance Takaful owned by Misr Holding.
Misr Insurance Takaful is the latest investment of Misr Insurance Holding. It aims to achieve a good market share of the Takaful insurance market, which has promising opportunities. And it aims to achieve also an economic and investment return according to a previous statement of the ministry.
The declared capital of Misr Insurance Takaful is EGP 500 million noting that the paid-up capital is EGP 60 million.