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Takaful Emarat agrees to buy Al Hilal Takaful to form the UAE's largest Islamic insurer

Sharia-compliant health and life insurer Takaful Emarat has acquired Abu Dhabi-headquartered Al Hilal Bank's Islamic insurance entity to create the largest takaful group in the country . The all-cash acquisition will be completed in the first quarter of 2018 and has been approved by the federal regulator, UAE Insurance Authority,…

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