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Solidarity receives Sheikh Mohammed Bin Rashid Al Maktoum award in Dubai

  • United Arab Emirates: Wednesday, March 22 - 2006 at 13:23
  • PRESS RELEASE

Solidarity, one of the largest Takaful companies in the world, was honored at the Islamic Finance Awards, held in Dubai, to celebrate excellence in Islamic Finance.

A total of 28 awards were given away during the course of the evening, with Solidarity exclusively winning the 'Global Continuing Contribution to the Takaful Industry' award for 2005.

The Islamic Finance Awards was held at the Jumeriah Beach Hotel, Dubai and was attended by senior members of the U.A.E. Royal Family and top executives from the Islamic Finance industry. In attendance from Bahrain was H.E. Shaikh Salman Bin Ahmed Al Khalifa representing the Bahrain Monetary Agency (BMA).

Accepting the award on behalf of Solidarity from Sheikh Hasher Bin Maktoum Al Maktoum, Director General of the Department of Information was Sameer Al Wazzan, CEO, Solidarity.

"We are extremely honored to have received this award which is an endorsement of the successful year we have had and the growth we have achieved. In 2005 Solidarity expanded into key international markets; this year we hope to further increase our global presence,"


said Sameer Al Wazzan, CEO, Solidarity.

"The Takaful industry has become a global phenomenon and is continuing to grow rapidly. As a company, Solidarity has always strived to strategically educate the public on the principles of Takaful. As such, it is rewarding for us to be recognized for our contribution to the industry," Al Wazzan concluded.

The Islamic Finance Awards was held during the ninth International Islamic Finance Forum (IIFF), which is held under the patronage of Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Sameer Al Wazzan, CEO, Solidarity accepting the award from Sheikh Hasher Bin Maktoum Al Maktoum, Director General of the Department of Information. 
Sameer Al Wazzan, CEO, Solidarity accepting the award from Sheikh Hasher Bin Maktoum Al Maktoum, Director General of the Department of Information.
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Notes and Media Contacts »

For more information, please contact:
Bassel Hanbali - Head of Marketing, Solidarity

Or

May Marzooq, Marketing Communications Officer
Tel: +973 17 578777
Fax: +973 17 578787

Established as one of the leading companies in the Arab world with US$ 100,000,000 in paid up capital, Solidarity is poised to become the largest Takaful Company in the world.

Solidarity is a company incorporated under the laws and regulations of the Kingdom Bahrain. Our main purpose is to focus on providing Takaful products that comply with Islamic Sharia'h across the GCC and selected Middle Eastern, Asian, and European countries.

Solidarity has been set up in direct response to the growing demand for Family and General Takaful products across the region. Realizing the scope of this unique and ever-expanding Islamic system of insurance and assurance, Solidarity is poised to lead the way in providing a diverse range of prudent saving and investment opportunities with Takaful Protection Benefits - designed to give the ultimate peace of mind - ideally suited for retirement, wealth accumulation, education, and other family and individual plans. Along with the family related plans, Solidarity provides the utmost safety and protection against the widest possible risks through a range of General Takaful products like: Motor, Home, Marine, and health.

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