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Zurich Insurance moves into takaful with Malaysia buy

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  Zurich Insurance is set to take full ownership of Malaysia’s MAA Takaful after the deal received regulatory approval, giving Europe’s fifth-biggest insurer a foothold in the world’s second largest Islamic insurance market. MAA Takaful, one of Malaysia’s 11 Islamic insurers, is a joint venture launched in 2006 by MAA Group Berhad and Bahrain’s Solidarity, ...

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