Takaful operators should be more open to using other financial instruments to improve their results and further maximise the potential of takaful as a service for various social segments, particularly the poor, said Dr Shahinaz Rashad, Executive Director of the Financial Services Institute (FSI), Egypt at a recent workshop in Cairo. She also called for a greater focus on microtakaful for the same purpose, especially with microfinance projects expanding in Egypt and the region.
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