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Saudi Arabia \ Insurance Companies \ Saudi Insurance "Methaq" \ Sharia Panel in METHAQ Easy printable page

General Description
Methaq" is committed to provide insurance products acceptable by Islamic Sharia and invest the insurance subscription funds based on Sharia murabahah (profitability) provisions. It will also weigh the subscription rate, the nature of risks, the coverage level, and ensure that the surplus be returned to policyholders and to have documents attested by the Sharia supervisory board.
(last updated: 22-October-2004)






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