Misr Insurance Takaful will soon begin operations

A new takaful insurer will soon start operating in Egypt. Named Misr Insurance Takaful, the new company will be specialized in Islamic insurance.

It is owned by Misr Insurance Holding Company and has an authorized capital of 500 million EGP (28.4 million USD), 60 million EGP (3.4 million USD) of which have been released.

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