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.
Today sees the launch of the first dedicated Islamic insurance (Takaful) company in the UK. Salaam Halal is writing car insurance and household insurance.
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.
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.