Al Fateh Group and Takaful International Company sign strategic agreement in logistics field

TDT | Manama   

The Daily Tribune – www.newsofbahrain.com

A signing of a joint cooperation agreement ceremony was held at the headquarters of the Takaful International Company in Manama with Al Fateh Group. The leading company in transportation and logistics has entered into a strategic agreement that aims to provide advanced insurance solutions to Al Fateh Group, which specializes in heavy transportation of goods and customs clearance.

The deal provides comprehensive insurance coverage that complies with the provisions of Islamic Sharia in order to insure all goods during transportation and storage through various logistical transportation that the group performs from various ports of the Kingdom and in accordance with the insurance regulations under the agreement.

The signing ceremony was attended by the CEO of Al-Takaful International Company, Essam Al-Ansari, and by Al-Fateh Group, Chief Executive Officer, Jasim Mohamed Al-Moosawi, and AGM of Al-Fateh Group Company, Ahmed Rabie, and also attended by officials of both institutions.

The CEO of Al-Fateh Group said: “We are confident that the practical partnership with Takaful International Company is an important and exciting addition in the field of heavy transportation in the logistics sector for imported and exported goods, and from this standpoint we will be able to achieve our vision in providing our clients with a variety of insurance products compatible with the provisions of Islamic Sharia provided by the Takaful International Company, which is one of the largest and most reputable takaful providers in the region.

For his part, the CEO of Takaful International Company said, “This agreement comes within the framework of joint cooperation to provide the best insurance services in the Kingdom, and through it, it will open new horizons for the customers of the logistics sector, especially heavy goods transport companies, to meet all their insurance needs that are compatible with the provisions of the provisions of the law Islamic law.