Shariah law Archives - Carrier Management

AIG’s UK Arm Underwrites Its First Sharia-Compliant M&A Policy

AIG UK said on Thursday it had underwritten its first sharia-compliant warranty and indemnity policy out of London's M&A insurance market, as the city looks to Islamic finance to help bring new ...

Regulatory Change Positions Pakistan’s Insurance Sector For Expansion

Pakistan's insurance sector is set for a boost in competition which could help spread the uptake of insurance after the industry regulator allowed conventional firms to offer sharia-compliant ...

Willis Debuts Sharia Compliant Commercial Real Estate Insurance in U.K.

Willis Group Holdings will start offering the first Shariah compliant commercial real state insurance in the U.K., with security provided by QBE Insurance (Europe) Ltd. and XL Group. Coverage is ...

Malaysia’s Shariah Scholars Face Jail for Bank, Insurer Breaches

The Malaysian law that exposes Shariah scholars to jail terms for rule breaches will ensure tighter compliance, in a market where the regulator has already made progress in unifying standards. Under ...