Arig Offers to Purchase Takaful Re`s Minority Shares
Posted on: Jul 21,2015
Dubai: Arig, Bahrain who owns majority share of 54% in Takaful Re`s equity is currently negotiating the purchase of the remaining 46% share from minority holders. The purchase remains subject to approvals from shareholders of Takaful Re and the Dubai Financial Services Authority.
About Takaful Re
Takaful Re (TRL) is a significantly capitalized Retakaful company committed to actively contribute to the growth and development of the Takaful industry in accordance with Sharia`a principles.
Takaful Re is registered in Dubai International Financial Centre (DIFC) number 0089 and regulated by the Dubai Financial Services Authority (DFSA).