Jordan's first takaful company signs bancatakaful agreement with bank
Source: Middle East Insurance Review | Nov 2025
The Islamic Insurance Company (IIC), the first takaful insurance company in Jordan, and the Jordan Islamic Bank have signed an agreement to provide Islamic insurance services to the bank’s clients in some of its branches.
This agreement, signed on 1 October 2025, stems from the bank’s commitment to providing added value to its customers and achieving integrated insurance services provided by IIC, which has professional expertise in the takaful insurance sector, said the bank in a media statement.
IIC’s general manager Mr Reda Dahbour said, “This agreement strengthens our company’s presence and consolidates our joint and sustainable cooperation with Jordan Islamic Bank in expanding the distribution channels for takaful insurance services and providing them to the bank’s clients. This enhances the customer experience and facilitates the provision of insurance services, which include vehicle, marine, fire, general, engineering, life (takaful), and health insurance.”
Under the agreement, insurance services will be displayed and promoted directly through the company’s employees who will work out of special booths inside the bank’s branches. This is to facilitate customers in obtaining insurance services on site—by receiving insurance forms and information related to the available products. M