IslamicFinance.de

Qatar Islamic Bank (QIB) has introduced online instant purchase for its new Travel Takaful plan. From now on, QIB’s customers can conveniently purchase Travel Takaful plan through the Bank’s website www.qib.com. The comprehensive plans are offered by Damaan Islamic Insurance Company (Beema) and provide a wealth of coverages. Benefits include compensation in case of lost/delayed baggage, delay in departures, or in the event of lost passports, National IDs and driving licences.
A key benefit is the coverage of medical expenses incurred abroad, including hospital and surgical costs, dental emergencies and other needs that can occur when traveling.

An agreement between Damaan Islamic Insurance Company (Beema) and Qatar Islamic Bank (QIB) was signed, to provide its customers a suite of innovative Takaful solutions.
This means that QIB will be offering its customers Beema’s Takaful products, which cover all customer needs be it motor insurance, retirement plans, children education plans or simple savings-cum-investment plans or protection plans. Futhermore, it will give Beema’s ‘Individual Takaful Plan’.