Iran Press/ Iran news: Iran's Minister of Finance said that takafula (type of insurance system devised to comply with the Sharia laws, in which money is pooled and invested.) insurance was welcomed by Sunni and Shia scholars and in another measure Arbaeen pilgrims were insured with the lowest amount.
Ehsan Khandozi said: The insurance industry has taken good steps in international development and there is a hope that the two Iranian and Syrian companies will issue their first insurance policies next week. IR204
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