Oman: Takaful Oman launches Islamic finance knowledge programme with 2 partners
Source: Middle East Insurance Review | Nov 2017
Oman Takaful
Bank Nizwa has hosted the signing ceremony of a MoU partnering with Takaful Oman Insurance and Al Kawthar Islamic Fund managed by “TANMIA”, to organise the Sultanate’s first roadshow that will shed light on Shariah-compliant financial tools, including banking, insurance and investment. The programme, titled “Islamic Finance Knowledge Program”, will be held across multiple governorates and is set to feature presentations by some of the most respected figures in the Islamic financial sector, panel discussions, and participation from senior Shariah-compliant scholars.
The roadshow is expected to be a perfect fit for citizens of different walks of life in addition to companies and businesses. Attendees will learn firsthand the advantages provided by Islamic financial products and explore the link between different Islamic financial institutions from various aspects, where takaful insurance is connected to Islamic banking and the latter is connected to Islamic investment across a wide spectrum of services.
Mr Khalid Al Kayed, CEO of Bank Nizwa, said: “Our partnership with Al Kawthar Fund and Takaful Oman joins our long list of initiatives developed to raise awareness on Islamic finance. This roadshow will provide a solid entry point to understanding the multifaceted benefits of our rapidly growing sector. It is also meant to enable Oman’s business community to realise their full potential through the products, services and opportunities created by the tailored solutions we provide.”
Ms Sayyida Dr Rawan Al Said, CEO of Takaful Oman Insurance, said: “What distinguishes Takaful Oman Co from any other insurance provider is our ability to provide a comprehensive Shariah-compliant takaful coverage achieving the highest possible protection and security in all areas of Islamic insurance to customers, and ensure that all insured businesses and individuals alike receive the coverage they need without unnecessary risks. We look forward to sharing our full product portfolio and the values that have allowed Takaful Oman Co to enjoy steady growth over the past few years.” M