Al Madina Takaful and Dhofar Islamic form strategic partnership

Omani insurer Al Madina Takaful has entered into a strategic partnership with Dhofar Islamic, a subsidiary of BankDhofar.

Under the agreement, Al Madina Takaful’s insurance products will be distributed through the bank’s branch network as well as its digital platforms.

This partnership will provide individuals with simplified access to Sharia-compliant insurance solutions, notably covering motor, home, health, travel, and personal accident risks.

Insurance coverage tailored for businesses and small and medium-sized enterprises (SMEs) will also be offered.