Generali, Qatar Islamic Bank and Beema start studying the possibility of launching a Joint Venture in the Takaful sector

Trieste-Doha (Qatar), 22 December 2009. Qatar Islamic Bank (QIB), Generali and Beema have started assessing the feasibility of the future launch of a Joint Venture in the Takaful business.

The preliminary agreement that has just been reached aims at creating a partnership that will draw upon the insurance technical skills of the Generali Group combined with the in-depth market knowledge and distribution capabilities of QIB, together with the specialized skills of Beema in the Takaful business. QIB is the leading Islamic Bank in

Qatar and ranks among the first five “Sharia-compliant” banks in the world. Beema is an insurance company licensed for takaful insurance products, partially owned by QIB.  Click Here to View the Press Release.