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Leveraging Islamic Finance to Develop a Sustainable Capital Market

Saudi insurer banking on Shariah compliance to capture market share

An insurer is counting on the religiosity of the Saudi population to lift itself from the red by finally offering Shariah compliant products amid the worst market growth rate in a decade. VINEETA TAN takes a closer look. Loss-making Saudi Enaya has engaged Shariyah Review Bureau (SRB) to assist in certifying, monitoring and developing a suite of medical insurance solutions that comply fully with Islamic law. “Over the past several months, we have been undertaking customer-centric research and a thorough....

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