Sukoon Takaful, Ajman Bank sign Sharia-compliant deal

Ajman: Ajman Bank and Sukoon Takaful have agreed to a memorandum of understanding aimed at broadening access to Sharia-compliant Takaful solutions for the bank's customers. The partnership combines Ajman Bank's extensive network and market presence with Sukoon Takaful's expertise in crafting customized Takaful products, with the goal of offering customers more convenient protection and financial planning options.

By leveraging this collaboration, customers will be better positioned to protect their assets and plan for their financial futures through Sharia-compliant products.

Ahmad Abu Shanab, Sukoon Takaful's CEO, emphasized that the partnership would significantly enhance access to Takaful solutions while simultaneously addressing customers' financial needs. He stated, "Our partnership with Ajman Bank represents a significant milestone in expanding access to Sharia-compliant Takaful solutions. Through the synergy of our expertise and unwavering commitment to customer service, we aspire to deliver tailored protection solutions that cater to customers' financial needs, providing them with heightened peace of mind."

Mustafa Al Khalfawi, Ajman Bank's CEO, expressed the bank's dedication to expanding the solutions available to its clientele. He said, "This partnership with Sukoon Takaful underscores our ongoing commitment to augmenting the array of offerings available to our customers. By joining forces, we aim to provide accessible, convenient, and customer-centric solutions that effectively address their protection and financial-planning requirements."

The alliance not only bolsters Sukoon Takaful's footprint in the regional market but also supports Ajman Bank's mission to deliver a more comprehensive suite of banking and financial solutions that are underpinned by Sharia-compliant protection.