UAE’s Etihad Credit to launch Islamic export credit insurance for SMEs in November
DUBAI - UAE’s federal export credit company Etihad Credit Insurance (ECI) on Monday revealed plans to launch a conventional and Islamic export trade credit solution for SMEs.
ECI will launch the conventional version of SME Protect on September 1 followed by the Shariah-compliant solution in November, Massimo Falcioni, the company’s CEO told Salaam Gateway.
“To be Shariah-compliant there are principles we need to apply – not paying a premium but a contribution to a fund,” said Falcioni.
Continue reading
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Joined by 12,000+ Islamic economy professionals
Create a free account
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
