Egypt:Financial regulator caps wakala fees

12 Feb 2019

The Financial Regulatory Authority (FRA) has decided to set a maximum limit on the fees charged by takaful companies operating the agency (wakala) system. The fees are not to exceed 30% of contributions for property takaful operators and 25% for family takaful companies.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Name*

Email*

Comment*

Code Verification*

Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

Error : Object reference not set to an instance of an object.