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AMAN opens a new branch in Jebel Ali Free Zone
- United Arab Emirates: Tuesday, May 24 - 2005 at 15:17
- PRESS RELEASE
Dubai Islamic Insurance and Reinsurance Company, AMAN, announced the launch of a new branch in Jebel Ali Free Zone.
Aman's new branch is the first to provide comprehensive services in Jebel Ali Zone. The services will include a wide range of insurance and re-insurance products and services, which conform to the Islamic Sharia.
Hussain Al Meeza, Managing Director, AMAN, said: "As a leading provider of Islamic-based insurance products in the UAE, AMAN has succeeded in stabilizing its existence in the insurance market."
"Although AMAN was launched in the market just about two years ago, the company has succeeded in retaining a good share of the local market as planned. The launch of the new branch in Jebel Ali comes in line with AMAN's plans to meet growing demands for such insurance services in the Free Zone."
"Since it's establishment, AMAN's core principle has been to develop incrementally the Islamic insurance services. The launch of the new branch is therefore integral to our commitment towards the community," Al Meeza said.
Aman recorded 235 per cent increase in profits for the first three months of 2005 as compared to the first quarter of 2004. AMAN, being a composite insurance company, offers a comprehensive range of insurance products including car, fire, marine, engineering, liability, life Takaful, health and medical and household insurance.
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Notes and media contacts
About AmanAman, Dubai's Islamic Insurance and reinsurance company, is a national public company which was established in the second quarter of 2002.Several groups of investors have a stake in Aman, including The Investment Office, Dubai Islamic Bank, and retail investors. The company provides Islamic insurance services.
For further information please contact
Sameh Hamtini / Tarek Fleihan
Asdaa Public Relations
Dubai, United Arab Emirates, Tel. : 3344550, Fax : 3344556
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Posted by Christine H. Andersen, Assistant News Editor
