Bancassurance is a new horizon of mutual cooperation and innovation between the insurance and banking sectors. A new chapter in this innovative collaboration has begun with the launching of Insurance business between Midland Bank PLC. and Akij Takaful Life Insurance PLC. On Monday, 11 August 2025, Midland Bank formally commenced the distribution of Akij Takaful Life Insurance PLC’s policies across all its branches. The first Shariah-compliant insurance service under this partnership was provided to a customer at the Bank’s Banani…
LAUNCH OF BANCASSURANCE OPERATIONS BETWEEN MIDLAND BANK PLC. AND AKIJ TAKAFUL LIFE INSURANCE PLC
