IslamicFinance.de

Takaud and Bahrain-based Takaful International are partnering to provide Takaful’s individual and corporate life insurance clients with Sharia-compliant investment solutions. The new partnership will enable Takaful to provide customers of its unit-linked savings policies with the opportunity to invest the savings portion of their policy in Shari’ah-compliant growth, balanced or prudent investment strategies. In support of the agreement, Takaud will provide a complete range of services, along with tools enabling customers to identify their investment profiles. Takaud will also provide marketing assistance and training for Takaful agents and others who will be presenting these new investment strategies to customers. The Memorandum of Understanding was signed by Takaud’s CEO Mr Luc Métivier and Takaful’s CEO Mr Younis J. Al Sayed.