Syariah Insurance
Betting on Syariah's Potential
Tuesday, February 4, 2003
After the introduction of Syariah banks, insurance companies are now eyeing the same scheme in an attempt to seize a still untapped opportunity.
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Fortune favors the early. BCA, with its vast banking networks, large number of customers and creativity in offering various products, is rather late. Conventional banks such as BNI, BRI and Danamon, meanwhile, have been faster in launching Syariah-based products. But as the saying goes, "better late than never." Convinced that there is still money to be made, retail banks have started to include Islamic accepted instruments in their portfolios
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