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Pilot Islamic-compliant livestock insurance product in Africa pays pastoralists in drought-prone ken

Mar 25, 2014

For the first time in Africa, an insurance policy that combines an Islamic-compliant financial instrument with innovative use of satellite imagery is compensating Muslim pastoralists for drought-induced losses suffered in Kenya’s northeastern Wajir County, where livestock are valued at Ksh 46 billion (USD 550 million)….read more..

For the first time in Africa, an insurance policy that combines an Islamic-compliant financial instrument with innovative use of satellite imagery is compensating Muslim pastoralists for drought-induced losses suffered in Kenya’s northeastern Wajir County, where livestock are valued at Ksh 46 billion (USD 550 million).

Read more at: http://phys.org/news/2014-03-islamic-compliant-livestock-product-africa-pastoralists.html#jCp

For the first time in Africa, an insurance policy that combines an Islamic-compliant financial instrument with innovative use of satellite imagery is compensating Muslim pastoralists for drought-induced losses suffered in Kenya’s northeastern Wajir County, where livestock are valued at Ksh 46 billion (USD 550 million).

Read more at: http://phys.org/news/2014-03-islamic-compliant-livestock-product-africa-pastoralists.html#jCp

For the first time in Africa, an insurance policy that combines an Islamic-compliant financial instrument with innovative use of satellite imagery is compensating Muslim pastoralists for drought-induced losses suffered in Kenya’s northeastern Wajir County, where livestock are valued at Ksh 46 billion (USD 550 million).

Read more at: http://phys.org/news/2014-03-islamic-compliant-livestock-product-africa-pastoralists.html#jCp

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