Islamic Financial Services News
Islamic Financial Services: CIMB launches Islamic Health Insurance
Malaysia's second largest financial services group, CIMB, has launched a health insurance scheme within its Takaful range, in conjunction with the UK's AVIVA group.
Islamic Financial Services: UK gets first Islamic insurance company
Today sees the launch of the first dedicated Islamic insurance (Takaful) company in the UK. Salaam Halal is writing car insurance and household insurance.
Islamic Financial Services: Singapore issues guidelines and regulations
The Monetary Authority of Singapore has today announced that it has issued a set of guidelines on the application of banking regulations to Islamic Banking, and issued two new Regulations.
Islamic Financial Services: US Marine tries to block AIG financial support
The story takes some picking throught to try to work out why a former US Marine would issue legal procedings to block state funding of AIG. But it all comes down to this: he appears to link shariah law with terrorist financing, and he's found lawyers who will argue that case.