Eldik Bank’s Islamic Window and Alma Insurance: Cooperation agreement

Eldik Bank’s Islamic Window and Alma Insurance have signed a cooperation agreement aimed at developing Islamic financial services. The document provides for joint efforts in offering and promoting the Takaful product, which is based on the principles of Islamic insurance.

 The goal of the cooperation is to expand access to Sharia-compliant financial products, enhance financial protection, and develop alternative insurance tools based on mutual assistance and risk-sharing.
 The cooperation agreement creates conditions for strengthening partnership relations and supports the further development of Islamic financial services in the country.

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Eldik Bank’s Islamic Window and Alma Insurance expressed their readiness to work together on expanding the range of available services and improving the quality of customer service Takaful is an insurance mechanism based on Islamic financing principles. It relies on cooperation among members of a community exposed to certain risks, whose financial consequences are collectively shared through the creation of a Waqffund.