FRA introduces new regulatory framework to boost takaful insurance market

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The Financial Regulatory Authority in Egypt has introduced a new framework aimed at boosting the takaful insurance market, promoting growth and adapting to evolving sector needs.

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued Decision No. 70 of 2026 regulating the rules, standards, and controls governing companies licensed to practise takaful insurance activities in Egypt. The move is aimed at revitalising the takaful insurance market and stimulating sector growth in line with the provisions of the Unified Insurance […] The post FRA introduces new regulatory framework to boost takaful insurance market first appeared on Dailynewsegypt.