M. Best examines issues facing dependence on Qard Hasan and why steps should be taken to halt this practice. In recent years, the overreliance on the Qard to fund continued policyholder deficits has led to the so-called ‘Perpetual Qard Syndrome’. According international ratings agency A.M. Best, the need for the Qard can arise from a […]
To continue reading this article, Existing users can sign in / subscribe / renew and new users are requested to register.