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Solidarity named ‘Best Takaful Provider’

Dubai, February 18, 2008

Solidarity, one of the largest takaful companies in the world, has been named ‘Best Takaful Provider’ for the second year in a row by leading Islamic banking publication Islamic Finance News.

The Islamic Finance News Awards 2007, which honour outstanding achievements in the Islamic financial industry, sets the benchmark for excellence in the industry.

“Receiving this prestigious award for the second consecutive year is a validation by our industry peers and customers of Solidarity’s leading position in the global takaful industry,” said Solidarity CEO Sameer Al Wazzan.

“As one of the largest takaful companies in the world, Solidarity is continuously enhancing its product portfolio. We have introduced new Corporate Saving Schemes and further penetrated the market with our Group Medical and Motor Takaful products. Responding to the rising demand for Sharia compliant takaful products, we also pioneered the introduction of innovative and customer-driven services such as our 24/7 claims call center. This year Solidarity is poised for further growth as we prepare to enter new markets in Egypt, Jordan, UAE and Qatar,” added Al Wazzan.

The Islamic Finance News Annual Poll, which determines the award winners, is widely considered to be one of the industry’s most comprehensive surveys.

Members of the global Islamic finance industry, including Islamic finance issuers, investors, non-banking financial intermediaries and government bodies, are invited by Islamic Finance News to vote in a total of 35 categories.

A record 1,502 votes were cast during the December 2007 polling period, which represented a 22 per cent increase over the previous year.- TradeArabia News Service




Tags: Solidarity | Takaful | Islamic Finance News |

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