FINANCIAL INCLUSION FOR MUSLIMS

FINANCIAL INCLUSION FOR MUSLIMS

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The Muslim business community could soon start buying insurance policies should the regulator, the Insurance Regulatory Authority, introduce Islamic Insurance, also known as Tukafuli.

 

According to Kaddunabbi Lubega, the Chief Executive Officer IRA, the current policies on the market bars Muslims from the conventional insurance. This new move is seen as an undertaking set to turn around the struggling local insurance industry.

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