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Brunei to introduce new guidelines for takaful sector by June 2014

February 19, 2014 - 6:00am

Brunei will release new guidelines for the takaful sector by June 2014, Reuters reported.

Osman Jair, chairman of Brunei Insurance & Takaful Association, said "we would like to standardize the industry."

Takaful firms account for 33% of the country's total insurance assets.

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