UK firm to offer takaful commercial cover to UK SMEs
Islamic insurer Salaam Halal will next year offer takaful commercial insurance, CEO Bradley Brandon-Cross has told Reuters.
The company, which launched in 2008, wants to launch the first takaful product range for Muslim-owned small and medium-sized business in Britain, which Brandon-Cross estimated number around 140,000.
He will target businessmen with less than £1m annual turnover, typically lawyers, accountants, doctors and retailers.
"It was always our intention to look at these markets. We will be very much focusing on this project in 2010," Brandon-Cross said.
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