Islamic Finance House announced it’s signing of joint cooperation with Solidarity – First insurance. The two sides shall work to conclude a new implementing joint cooperation agreement to provide Shariah-compliant health and life insurance to IFHC’s clients
The signing ceremony was witnessed by Mr. Hisham Jaber, CEO of Islamic Finance House Company, and Dr. Ali Al-Wazani, CEO of Solidarity – First insurance along with several executive managers from both parties.
Mr. Hisham Jaber, Chief Executive Officer, of Islamic Finance House Company, said,” This joint agreement in cooperation with " Solidarity – First insurance " is a true reflection of our focus and efforts to enhance the development of the Company’s insurance system and provision of reciprocal system complementarily between the two sides of Company’s products and insurance services, and support the work of Solidarity – First insurance through IFHC channels by providing access to a wider segment of customers in order to leverage the fundamental pillar of the Islamic financing and Insurance” he also added “IFHC is pleased with this agreement with Solidarity – First insurance, which comes amid growing demand for mandatory health insurance services in the kingdom."
Dr. Ali Al-Wazani, CEO of Solidarity – First insurance said, “We are delighted to sign this strategic partnership with Islamic Finance House where we can contribute to the provision of Shariah-compliant insurance services to Company’s customers, and strengthen Solidarity – First insurance position at the forefront of the industry in Jordan and the region.”
It’s worth mentioning that Islamic Financing House Company is a private share holding company that works in the field of financing for Retail and Corporate sectors with a registered capital of JD 7.5 Million. IFHC was established in 28/02/2016 by several local and Arab businessmen working in different fields and sectors. Islamic Financing House Company opened its Head Office in Amman-Jordan with the purpose of providing its Islamic financing products to achieve sustainability, prosperity and eventually expected profits for its shareholders.