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Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
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Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
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Slowly and unsurely—Three more years before Islamic bond market turns around

Slowly and unsurely—Three more years before Islamic bond market turns around

With the market shrinking, Noor Islamic breathes hope in breaking even this year ahead of target. One step at a time though, bank doesn’t see immediate future in Islamic bonds.


August 4, 2011 11:55 by

level of financial stability.

Sheikh Ahmed, a respected businessman who helped steer Dubai through its debt crisis, is often seen by the market as a stabilising figure for struggling corporations.

“The change represents confidence in the bank, that we’re at a level of stability,” Al Qemzi said, adding that the appointment of the new chairman, Sheikh Ahmed bin Mohammed bin Rashid al-Maktoum, would not mark a change in strategy. (Reporting by Shaheen Pasha; Editing by Will Waterman)

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