The Arab Islamic Bank announced the signing of a strategic agreement with Palestinian Takaful Insurance, signed by Mr. Hani Nasser, General Manager of the Bank, and Mr. Riyad Al-Atrash, General Manager of Palestinian Takaful Insurance, in the presence of several bank and company executives.
The agreement aims to provide enhanced insurance services to clients, allowing them to pay their insurance premiums in installments over a full year without additional fees, using the bank’s “Easy Life” card. This initiative helps reduce insurance costs while providing protection for clients and their families.
This agreement reflects the ongoing efforts of both the Arab Islamic Bank and Palestinian Takaful Insurance to enhance financial stability and offer comprehensive financial solutions. It allows clients to install 100% of their insurance policy premiums over 12 months at the same cash price, facilitating access to Takaful insurance services with monthly payments tailored to their needs. Importantly, the service is fully compliant with Shariah principles and approved by the Fatwa and Sharia Supervisory Board.
Mr. Hani Nasser emphasized the importance of providing such banking services to clients, offering fast and easy installment solutions, and highlighted the value of strategic partnerships with companies like Palestinian Takaful Insurance.
Mr. Riyad Al-Atrash affirmed the company’s commitment to continue providing distinguished services and products to meet policyholders’ needs and underlined the strategic partnership with the Arab Islamic Bank to deliver Sharia-compliant banking and insurance services to the community.
