A Takaful insurance [4] company has been established in Iraq with the participation of the country's overall Islamic banks.
This company is in compliance with the standards of the Islamic Financial Services Board and the Accounting and Auditing Organization for Islamic Financial Institutions. The company is endowed with a capital worth 15 billion IQD (12.7 million USD).
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[3] https://www.atlas-mag.net/en/issue/boeing-insurers-in-turmoil
[4] https://www.atlas-mag.net/en/article/takaful-insurance-0