• About
  • Advertise
  • Privacy & Policy
  • Contact
Thinkers Magazine
Advertisement
  • News
  • Politics
  • Business
  • Exclusives
  • Features
  • Health
  • Labour
  • Entertainment
  • Foreign
  • Sport
No Result
View All Result
  • News
  • Politics
  • Business
  • Exclusives
  • Features
  • Health
  • Labour
  • Entertainment
  • Foreign
  • Sport
No Result
View All Result
Thinkers Magazine
No Result
View All Result
Home Business

ICIEC, TIC agree on insurance cover for Shariah goods

by Thinkers
June 8, 2022
in Business, Foreign
0
ICIEC, TIC agree on insurance cover for Shariah goods
0
SHARES
Share on FacebookShare on Twitter

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and UAE-headquartered Tabarak Investment Capital have signed an insurance policy that will provide greater insurance cover for the export and import of Shariah-compliant goods and services.
The documentary credit insurance policy will apply to the confirmation of Irrevocable Letters of Credit (ILC) by Tabarak Investment Capital in the ICIEC Member States. The policy will cover the commercial and political risks of the issuing banks, thereby enhancing the capacity of Tabarak to expand its trade finance support in the United Arab Emirates.
The approved limit for the policy is $100 million over a 12-month tenure.
The insurance policy was signed by Mr Oussama Kaissi, Chief Executive Officer of ICIEC, who praised the partnership’s goal of “fuelling trade finance by giving confidence to banks that commercial and political risks will be covered”.

Previous Post

BREAKING: Tinubu Wins APC Presidential Ticket

Next Post

Huawei shows that next-gen data centres are sustainable and smart

Thinkers

Thinkers

Next Post
Huawei takes user data protection seriously – Official

Huawei shows that next-gen data centres are sustainable and smart

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

10th NASS: Tinubu meets Abbas, Kalu in Aso Rock

BREAKING: Tinubu appoints Gbajabiamila Chief of Staff, Hassan Hadejia DCOS, George Akume SGF

June 2, 2023
10th NASS: Tinubu meets Abbas, Kalu in Aso Rock

10th NASS: Tinubu meets Abbas, Kalu in Aso Rock

June 1, 2023
U.S. assures NDLEA of more support, collaboration on fight against illicit drugs

U.S. assures NDLEA of more support, collaboration on fight against illicit drugs

June 1, 2023
Governors forums’ leadership: Tinubu congratulates AbdulRazaq, Uzodinma, others

Governors forums’ leadership: Tinubu congratulates AbdulRazaq, Uzodinma, others

June 1, 2023

Follow Us

Browse by Category

  • Beauty Tips
  • Business
  • Entertainment
  • Exclusives
  • Features
  • Foreign
  • Health
  • Labour
  • Magazine PDF
  • Media
  • News
  • Opinion
  • Personality
  • Politics
  • Royalty
  • Security Watch
  • Sport
  • Uncategorized
  • Weddings

Recent News

10th NASS: Tinubu meets Abbas, Kalu in Aso Rock

BREAKING: Tinubu appoints Gbajabiamila Chief of Staff, Hassan Hadejia DCOS, George Akume SGF

June 2, 2023
10th NASS: Tinubu meets Abbas, Kalu in Aso Rock

10th NASS: Tinubu meets Abbas, Kalu in Aso Rock

June 1, 2023
  • News
  • Politics
  • Business
  • Exclusives
  • Features
  • Health
  • Labour
  • Entertainment
  • Foreign
  • Sport

© 2021 Thinkers Magazine

No Result
View All Result
  • News
  • Politics
  • Business
  • Exclusives
  • Features
  • Health
  • Labour
  • Entertainment
  • Foreign
  • Sport

© 2021 Thinkers Magazine