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8 May 2008

 

Khazanah With DBG & ACR Set-up World's Largest Retakaful Group

Government investment arm, Khazanah Nasional Bhd has teamed up with Dubai Banking Group (DBG) and Asia Capital Reinsurance (ACR) to set up the world's largest retakaful group, ACR ReTakaful Holdingd Ltd, with a capital base of US$300 million (US$1=RM3.16). "Khazanah and DBG will each directly hold a 40 percent interest in ACR ReTakaful while ACR will hold the remaining 20 percent.  [Bernama]
http://www.bernama.com/bernama/v3/news_lite.php?id=331392

 

Maybank & ICD Looking At Setting Up Global Takaful Business Entity

Maybank and the Islamic Corporation for the Development of the Private Sector (ICD) Wednesday signed a memorandum of understanding (MoU) to jointly explore the feasibility of establishing an international takaful holding company with the vision of creating a global leader in the business.  [Bernama]
http://www.bernama.com/bernama/v3/news_lite.php?id=331377

 

Global Islamic insurance business eyed

[Business Times]

http://www.btimes.com.my/Current_News/BTIMES/Thursday/Frontpage/maybank7-2.xml/Article/
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