Solidarity - Family Takaful's responsibility towards educating the society about Islamic financial planning

On Tuesday, the 15th of November, Solidarity - Family Takaful held a seminar discussing the concept and importance of Islamic Financial planning to families and individuals. The firm reinforced the need for financial services providers to educate the public about the concept, products, and benefits of this unique Islamic financial system which combines topics about saving investment and Takaful protection against a wide range of possible risks.

In its ongoing attempt to educate the local and expatriate community in the Kingdom of Bahrain, Solidarity continued to provide informative seminars, which discuss the importance of Islamic Financial Planning and its significant influence in building a safe future for individuals and families. By doing so, Solidarity - Family Takaful strives to achieve by continuing its series of seminars, so that it will encourage the importance of financial planning in a Sharia'h compliant environment, with the advice of financial experts.

The seminar was attended by various individuals who expressed keen interest in financial planning. Mr. Feda Salameh, the head of training and development at Solidarity presented the seminar, expressed his satisfaction about the number of attendees and their positive response towards Islamic Financial Planning.

Mr. Rob King, General Manger of Solidarity-Family Takaful commented:

"Solidarity-Family Takaful will continue with these seminars for two important reasons. First, Solidarity believes in the importance of educating society towards the benefits of Islamic Financial Planning and that it is Solidarity's duty as being one of the largest Takaful companies in the world. Second, the seminars came as a direct response to the demands of those who are interested in attending these seminars."

Mr. Bassel Hanbali, Head of Marketing said: "The biggest challenge for this type of planning is in educating the public about its importance, principles, and products; and coincides this with the individual's need for such type of financial planning. There should be a balance in regards to the regulations and the need to move upwards aiming to face global challenges. Using innovative ways to communicate with individuals who believe in Islamic Financial Planning and Takaful, and what those provide especially in building societies on solid foundations that relies on the personal contribution of individual and family."