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Jordan: Regulator decides to liquidate takaful provider

January 9, 2014 - 6:00am


Jordan's insurance regulator has decided to liquidate takaful provider Al Baraka Takaful Co. as of Jan. 8, Middle East Insurance Review reported.

The takaful provider's operations were suspended a year ago because of financial issues. The decision to liquidate came as the provider was unable to overcome its financial difficulties.

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