Bahrain Islamic Bank inks Takaful deal
Manama, October 17, 2011
Takaful International Company and Bahrain Islamic Bank (BIsB) have signed a MoU under which the bank will be promoting services and insurance products to individuals that are provided by Takaful International Company.
Takaful International chief executive officer Younis Al Sayed and BIsB chief executive officer Mohammed Ebrahim signed the deal at the bank's main office in the Diplomatic Area.
This agreement is a result of the continued effort of both companies that aims at providing innovative products and solutions to clients through the BancTakaful system that will enable the bank to promote and provide Takaful products directly to the customers through their 13 branches in Bahrain, they added.-TradeArabia News Service