Dec 14 2011
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Medgulf in BancaTakaful agreement with BMI
The partnership between Allianz and Medgulf will allow the bank to offer customers a suite of life and non-life Takaful products through its branch network. The bank's CEO Jamal Al Hazeem [below] said in a statement: "We are confident that the alliance with Medgulf Allianz Takaful will help us achieve our vision of providing our customers with a comprehensive range of products from a leading insurer... We believe that retail services like bancassurance, amongst others, help enhance our product offering and make our bank a stronger choice for customers within Bahrain."
Dr Abdullah Mansury, Medgulf Allianz Takaful's GM, said: " BMI Bank customers will now get access to Medgulf Allianz Takaful's state-of-the-art Shari'ah compliant products and services through BMI Bank branches."
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