Sunday 06, April 2008 by Mike Gallagher

Ahli United Bank and Legal & General in Takaful joint venture

Ahli United Bank BSC today (3rd April 2008) announced that it has signed a Memorandum of Understanding with the UK-based Legal & General Group Plc to set up a new joint venture company, subject to necessary regulatory and statutory approvals. The joint venture will initially offer a range of takaful life and health insurance products and pension plans to retail and corporate customers in the Gulf region.

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