Solidarity Family Takaful launches SolidBond

ABU DHABI - Bahrain-based, Solidarity Family Takaful, one of the Middle East's Islamic Insurance companies, has launched an innovative single contribution plan, SolidBond, to offer customers a focused investment vehicle which caters to specific financial constraints.

By A Staff Reporter

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Published: Sun 6 Feb 2005, 9:42 AM

Last updated: Thu 2 Apr 2015, 4:23 PM

The plan, which complies with Shariah law, has added special features to help customer's capital get the most from Shariah compliant investment opportunities such as investment flexibility and the ability to switch funds as the market changes. Two especially attractive features of the SolidBond plan are the enhanced allocation to units and the loyalty bonus. Unlike many other types of investment, there is no bid/offer spread so investments are not subject to a front-end charge," said Rob King, GM, Solidarity - Family Takaful.



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