Get more from Busienss Life on your smartphone, iPad, or get the print edition that includes exclusive content:
AL MASHREK insurance & reinsurance SAL is well known as one of the leading insurance companies in the Levant and North Africa for its presence and service for the past 35 years; it made many more achievements by expanding its presence to important destinations and recently it will inaugurate its new company in Egypt.
Dr. Ezzedine Khoja, Chief Executive Officer of Zitouna Bank is a recognized leader in Islamic Finance whereby he spoke passionately to BUSINESS LIFE about the development of Islamic Finance in Tunisia with particular importance to the internationalization of Islamic Finance and stating that the Islamic Finance industry growth will go on double digit in 2014.
Omar Souhail Bilani is a Lebanese native with a master’s degree in business administration. During his more than 35 years in the insurance industry, he's amassed an enviable track record of developing insurance companies into exceptional performing entities.
Karine Cherfane Haddad has been working in the Insurance and Reinsurance field for more than 18 years. She is currently the managing director of “General Reinsurance Services Ltd.” (GRS), a Reinsurance Brokerage Firm based in Lebanon which has been in operation for over twenty years. GRS has its origin back to 1994. Karine Cherfane Haddad is also one of the principal shareholders of the Company.
The GCC market is the hub for Takaful, the biggest number of Takaful companies is around 206 companies exist in the GCC while in the MENA region probably there are only 34. Historically, insurance has not been popular in Islamic countries. Demographic change and other societal transformations are, however, creating market opportunities for Takaful.
