UAE: Sukoon Takaful and Ajman Bank forge strategic bancatakaful alliance

Source: Middle East Insurance Review | Oct 2026

Sukoon Takaful and Ajman Bank have signed a memorandum of understanding to establish a strategic partnership to roll out Shariah-compliant protection and financial planning products to bank clients.

Mr Ahmed Abushanab, Sukoon Takaful’s CEO, said, “Our partnership with Ajman Bank represents an important step in expanding access to Shariah-compliant takaful solutions. By combining our expertise and shared commitment to customer service, we aim to provide customers with relevant protection solutions that support their financial needs and offer greater peace of mind.”

The strategic alliance reinforces Sukoon Takaful’s growing footprint in the region. M

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