Aman Insurance Company enters Bahrain

Commenting on this exciting development H.E. Sultan Saeed Al Mansoori Chairman of Dubai Islamic Insurance and Reinsurance Company (AMAN):

"The Gulf region is witnessing an unprecedented economic growth, making it a save haven for investment, in particular Bahrain market showed a high demand for Islamic takaful insurance as indicated by the feasibility studies, and this was the main reason that encouraged us to establish an Islamic insurance company in Bahrain".

Bahrain has earned a reputation as one of the main financial centers in the region. Key contributing factors to this unchallenged position include a central bank respected for its track record of strict but flexible regulation, a liberal economic environment, and a well-trained local workforce. These factors enhance investors trust and confidence in Bahrain.

From his side Mr. Hussein Mohammed Al Meeza Managing Director of Aman said "Aman Bahrain will positively contribute to the development of Islamic insurance industry in the Kingdom of Bahrain. The company will provide Islamic insurance products and services that will be differentiated form others. Aman aims to continue its journey of success by entering an new market, Bahrain, after its successful onset in UAE, which was greatly contributed to its innovative products and services designed to satisfy customers requirements and expectations.

"We will strive to provide the best possible insurance services to the fast growing Bahrain economy. Aman wants to support this growth and will work hard to transfer our expertise and knowledge to this promising market" added Mr. Al Meeza.

The main founders and shareholders of Aman Bahrain are Dubai Islamic Insurance and Reinsurance Company (AMAN), Al Salam Bank - Bahrain, Al Salam Bank - Sudan and several other regional companies and businessmen.