Spotlight on Microtakaful - Microtakaful can thrive
Source: Asia Insurance Review | Feb 2009
Microtakaful is the confluence of Islamic finance and microfinance. As such, it addresses two of the largest groups on earth – the underfinanced and the Muslim population. There is obviously an overlap here as some people will come under both groups. Mr David Piesse, Global Head of Insurance, Sun Microsystems, examines how microtakaful could become workable in the months to come when applied in the insurance industry through modern mutuality.
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