GCC Islamic insurers face challenges with IFRS 17 adoption: S&P

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Reinsurance News - Aug 09, 2023

Islamic insurers operating in the Gulf Cooperation Council (GCC) region are poised for continued growth in 2023, but the adoption of the International Financial Reporting Standard 17 (IFRS 17) is presenting significant challenges, according to S&P Global Ratings. While the implementation is expe...

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