Al Baraka Islamic Insurance Company and Arab Islamic Bank sign a cooperation agreement

Al Baraka Islamic Insurance Company signed a cooperation agreement with the Arab Islamic Bank, with the aim of providing distinguished services to customers, at the company's headquarters in Ramallah. This agreement comes within Al Baraka Company's efforts to provide services in an optimal manner, to provide comprehensive financial solutions to all segments of society, and to make it easier for customers. The agreement includes the possibility of paying the insurance in installments for a full year without additional commissions, by using the bank's 'Easy Life' card, which makes it easier for them to bear the insurance costs and provide the necessary protection for them and their families. Through the agreement, customers can also pay 100% of the insurance policy fees in installments for 12 months at the same cash price announced by the insurance company, which makes it easier for customers to obtain insurance services in easy monthly installments that are consistent with their needs, especially since thi s agreement is compatible with the provisions of Sharia. Islamic law and approved by the Fatwa and Sharia Supervision Board. In turn, Mr. Abdul Hakim Qasim, General Manager of Al Baraka Islamic Insurance Company, stated that the company seeks to provide services and develop the mechanism for providing them, in a way that suits the needs of society, adding that this agreement aims to provide Islamic banking and insurance services to citizens. While the General Manager of the Arab Islamic Bank, Mr. Hani Nasser, said that the bank is constantly seeking development, stressing that this step comes to meet the aspirations and needs of customers, and to facilitate them in light of the current circumstances. He also pointed out the importance of cooperation with important and strategic companies such as Al Baraka Islamic Insurance Company Source: Maan News Agency