Takaful News - Bahrain: Takaful International partners with TAKAUD
Source: Middle East Insurance Review | Mar 2016
Savings, investments and pensions provider TAKAUD has teamed up with Takaful International to provide the takaful operator’s individual and corporate life insurance clients with Shariah-compliant investment solutions.
The new partnership will enable Takaful International to provide customers of its unit-linked savings policies with the opportunity to invest the savings portion of their policy in Shariah-compliant growth, balanced or prudent investment strategies. TAKAUD will provide a complete range of services, along with tools enabling customers to identify their investment profiles. It will also provide marketing assistance and training for Takaful International’s agents and others who will be presenting these new investment strategies to customers.
Mr Luc Métivier, CEO of TAKAUD said it has “created a range of investment options that respond to the needs of clients requiring growth-oriented, prudent or balanced investments. This brings innovative investment solutions together with progressive Islamic insurance products for the benefit of corporations and individuals in Bahrain and the wider region”.
Mr Younis Al Sayed, CEO of Takaful International said: “It is appropriate that we partner with a regional savings and investment specialist provider to offer our clients the highest level of expertise in investment solutions. We are pleased to expand our Shariah-compliant offerings while giving our clients opportunities for better value investments.”