BisB Signs Agreement with Takaful International Co. to Become Appointed Representative for Insurance Distribution
15-February-2026
Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, has signed a strategic agreement with Takaful International Co., one of the Kingdom’s most prominent Islamic insurance providers. The agreement will see BisB become an Appointed Representative of Takaful International, granting the Bank the authority to market and distribute their insurance products through its branches and sales network across Bahrain in near future.
The initiative reflects a shared commitment between BisB and Takaful International to enhance financial accessibility and deliver a more holistic customer experience. By enabling customers to access a comprehensive range of Islamic financial and protection solutions under one roof, the collaboration supports the evolving needs of individuals and businesses across the Kingdom.
Through this partnership, soon BisB customers will be able to conveniently access Takaful International’s portfolio of insurance offerings – including personal, motor, home, and other protection products – directly through the Bank’s customer-facing channels. The enablement of this facility to customers will be announced in due course.
Commenting on the strategic partnership, Fatema AlAlawi, Chief Executive Officer of BisB, stated, "This agreement marks another step forward in BisB’s mission to simplify customers’ financial journeys by offering integrated, Sharia’a-compliant solutions that meet both their banking and protection needs. Our partnership with Takaful International Co. aligns with our vision of delivering value-added services and seamless, end-to-end financial solutions tailored to the daily lives of our customers.”
For his part, Mr. Essam Al Ansari, Chief Executive Officer of Takaful International Co., added, "We are pleased to expand the reach of our product portfolio through one of Bahrain’s most trusted Islamic banks. This collaboration reinforces our commitment to serving the evolving protection needs of customers across the Kingdom, while continuously improving service delivery through strategic alliances."
The agreement sets the foundation for long-term cooperation between both entities, underscoring their shared vision to lead in customer-centric innovation across Bahrain’s financial and insurance sectors.
