Zurich converting Indonesia insurance unit to become general takaful company
Zurich Insurance Group is converting its business in Indonesia to become a general takaful company, subject to regulatory approval, it said in a statement on June 25.
The move comes after Zurich acquired 80% of PT Asuransi Adira Dinamika Tbk in November.
The conversion to become Shariah-compliant will enable Zurich to provide a range of products and solutions for the market, it said.
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
