Bancassurance
Noor Islamic Bank – An Introduction to the Bancassurance (Takaful) Product Line
Noor Islamic Bank aims at going the extra mile in providing its valued customers with not only the very best standards of banking services, but also with a comprehensive bouquet of Shari'ah compliant insurance products.
Noor Islamic Bank - Bancassurance brings to the fore a new paradigm of convenience to our whole range of customers. It will now be possible for our customers to plan ahead for the future financial requirements of their families and their children, and at the same time ensuring that they are protected from any untimely mishaps and eventualities. Customers can avail from a wide gamut of customized objective-linked-savings-cum-protection products. While providing an umbrella against any unfortunate event, Bancassurance products also aim at creating and encouraging a culture of long term savings and investments.
Our motto is to provide these products in the most simplified form and at the most competitive pricing, offering the best value-for-money to our customers.
Noor Islamic Bank has tied-up with SALAMA – Islamic Arab Insurance Company to provide the following products. SALAMA Islamic Arab Insurance Company is one of the leading global providers of Shari’ah compliant insurance solutions (Takaful). Right from its incorporation in 1979 in Dubai, UAE, as pioneers in the Takaful industry to its present day distinction as the world’s largest Takaful and Re-Takaful Group, it has always stayed true to its values and principles.
“All Noor Islamic Bank-Takaful products are underwritten and wholly managed by Islamic Arab Insurance Company ‘SALAMA’. Noor Islamic Bank PJSC acts solely in the capacity of a distributor of these products only and does not undertake the issuance or rejection of any policies, management of any funds or settlement of any claims directly or indirectly, and Noor Islamic Bank PJSC accepts no liability with respect to the same. All Takaful contributions are collected on behalf of Islamic Arab Insurance Company. ”
