Takaful takes root in the Philippines 

Pru Life UK is pioneering Shari’ah-compliant insurance in the Philippines as it secured from the Insurance Commission the first-ever takaful license in the country. In a statement on Tuesday, Pru Life UK said the launch of its takaful business in the Philippines addresses the long-standing demand for Shari’ah-compliant insurance here. Also, the launch is aimed
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