November 15, 2004
ING Not Launching Islamic Insurance
ING Life has decided against launching Islamic life insurance products - for now.
ING Life says it would have had to have charge quite a high fee to cover the complexity of producing Islamic, or Al-Takaful, products and the cost of putting them in place.
Managing director Naomi Ballantyne says the numbers do not stack up.
Posted by Tom Troceen