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Islamic Finance Briefing - Categorized | Insurance (Takaful), Market Moves more

Allianz begins Bahrain operations

Posted on 19 March 2009

From Gulfweeklyworldwide.com: Allianz Takaful, the regional subsidiary of Allianz Group, a global leader in insurance, asset management and banking has announced the launch of its Middle East operations in Bahrain. The company will be offering Allianz’s globally trusted financial services in full compliance with Sharia principles.

Dr Abdul Rahman Khalil Tolefat, CEO, said that Allianz has chosen Bahrain as its global hub for Takaful due to the country’s status as an international base for Islamic finance and it being the most stable financial centre in the MENA region….. Full Article: Source

 
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