Islamic Finance
Legal
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Consultant submits draft law for Islamic takaful insurance
The UK-based law firm Clifford Chance, which was appointed by the Sultanate's insurance regulator Capital Market Authority (CMA), has submitted its draft law for forming Sharia-compliant takaful insurance firms and sukuk debt instruments, said a top-level CMA official. The rules for takaful insurance companies is going to be a new…
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