Friends Provident International, the global arm of one of Britain’s biggest life insurers, is looking to offer Shariah-compliant insurance (Takaful) in the Persian Gulf region to expand its regional presence.

A slowdown in the domestic insurance market in Great Britain and global growth meant the company’s overseas business last year accounted for more than 50 per cent of total business for the first time.

http://www.zawya.com/Story.cfm/sidZAWYA20100330043140/Friends%20Provident%20may%20offer%20Sharia%20compliant%20products

 

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