Abu Dhabi National Takaful enters into strategic partnership with Mbank

By Shilpa Annie Joseph, Official Reporter
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Abu Dhabi National Takaful Company has entered into strategic partnership with Al Maryah Community Bank (Mbank), the prominent first digital bank in the UAE, in order to provide a range of Shari’ah compliant Online Takaful plans exclusively to the bank’s customers via the first ever national digital wallet, Mbank Wallet.

With this partnership, customers of Al Maryah Community Bank using the one-of-a-kind banking mobile application will be able to access a diverse range of Online Takaful plans that cater to their unique insurance needs while adhering to the principles of Shari’ah.

Mr. Mohammed Wassim Khayata_Mbank & Dgpays partnership
Mohammed Wassim Khayata
CEO – Mbank

“We are happy to partner today with Abu Dhabi National Takaful Co., a leading Shari’ah compliant Takaful provider in the UAE, to offer our customers an elevated banking experience whereby they can access a wide range of Shari’ah compliant Online Takaful plans and choose the one that suits their specific needs, after obtaining approvals from the official authorities in the country. This strategic partnership reinforces our continuous approach and commitment to provide our customers with services that facilitate their everyday lives by offering them convenient and financially-friendly insurance coverage plan options to choose from with just a few scrolls and a click of a button.”

Mr. Osama Abdeen, Chief Executive Officer of Abu Dhabi National Takaful Company said that, ‘‘This partnership reflects our shared values and mutual goal of providing seamless and innovative online products. We are confident that the bank’s customers will benefit from our user-friendly and secure online platform that enables them to explore, compare and buy seamlessly in minutes! The online takaful plans cover various aspects, including school fee protection, female care, male care, personal accident and motor takaful.’’

Approved and licensed by the Central Bank of the United Arab Emirates, Mbank Wallet provides end-users with the ability to perform all daily financial transactions including but not limited to sending, receiving, requesting, and paying money.

Related: Mbank unites with Emarat to launch Mbank Wallet services