Life insurance has struggled to take root in Brunei Darussalam. However, with only three life insurers, American International Assurance (AIA), Great Eastern Life Insurance and Tokio Marine Life Singapore, as well as sharia-compliant coverage by Takaful Brunei Keluarga covering less than 20% of the population, there should be significant room for...
How will bringing conventional insurance associations and takaful(Islamic insurance) groups under one roof create a more level playing field?
The sukuk, a form of Islamic bond, has become one of the most popular and recognisable Islamic financial instruments globally. In Brunei Darussalam, sukuk issuance has been growing steadily, but it remains in its infancy and investors have few options in the fixedincome market. In the medium term, sukuk is likely to be a key component in...
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