Tamkeen Insurance Celebrates the Opening of Its Branch in Tulkarm

Tamkeen Insurance Celebrates the Opening of Its Branch in Tulkarm

Tulkarm - Tamkeen Palestine Insurance Company continues its opening of new branches and offices in the West Bank and Gaza Strip, the most recent being the Tulkarm branch, which was inaugurated on Thursday, 22-11-2018, under the patronage and presence of the Governor of Tulkarm, Issam Abu Bakr.

And Participated in the ceremony, Chairman of the Board of Directors of the Company, His Excellency Honorary Mr. Rafiq al-Natsheh, Chairman of its Board of Directors, Excellency Dr. Majed Atta Al Helo, General Manager Mr. Mohammed Al Remawi, and Chairman of the Sharia Supervisory Board, Dr. Hussam Eddine Affaneh, as well as representatives of its Board of Directors and Executive Management, In addition to public and private sectors and a number of legal persons in the Tulkarm governorate.

Abu Bakr welcomed the opening of Tamkeen's branch in the city, noting that this reflects the importance of the governorate for the private sector, in particular Tamkeen Insurance, which he considered a qualitative addition in the insurance sector.

He added that this step will help to provide more direct and indirect employment opportunities, which will benefit the public and will contribute to raising the quality of services provided by insurance companies.

Also he pointed out that Tulkarm governorate has many advantages to encourage investment, calling on other bodies to follow the example of Tamkeen, in the process of expansion, spread and investment.

For his part, Natsheh pointed out that the founders of the company from the beginning, have determined to make every effort to provide the best service and upgrade the insurance industry.

Moreover, He pointed out that one of the most important shareholders of the company, the Palestinian Pension Agency, and  the Establishment of Manage and Development Orphans Funds , which demonstrates the humanitarian and societal nature of this company, as part of its revenues belong to these two important institutions.

He stated that the opening of the Tulkarm branch is in line with the company's strategy of looking forward to spreading and providing its services to all segments in various governorates.

For his part, Al-Helo pointed out to the Board of Directors' keenness to realize its vision on the ground. It represents a qualitative leap in the Palestinian insurance sector to serve the shareholders and participants of the insurance policyholders, and to achieve the best returns for each of them in the framework of transparency and governance.

He stressed on company's commitment to implementing the best standards of work and performance related to insurance, with a focus on the dedication of healthy competition in the insurance sector.

In addition, He explained that Tamkeen reflects the integration between the public and private sectors in building competitive investment arms in the Palestinian market, he also explained that the company is based on experienced and competent staff, and it’s committed to the best international standards in accordance with Islamic Sharia.

Affaneh presented a brief explanation on the institutionalization of Islamic insurance and the mechanism of its application, explaining the importance of this type of insurance, to achieve cooperation and empowerment among the members of society.

He also pointed to the growing demand for Islamic financial services, pointing out that there has been significant progress at the international level.

Al Remawi stressed that “Tamkeen Company” Seeking to get out of the ordinary, based on the application of best practices in the management of its internal operations, adapting the means of modern technology, In addition to providing innovative insurance services and solutions that will be introduced soon in the Palestinian market, The world is known as "Micro Insurance", which targets the low income segments of society to cover their needs Not covered by the traditional insurance services currently on the market.

He also pointed out that the executive management of the company is quick to respond and compensate, by relying on internal performance indicators specific to the relevant departments to achieve this commitment, considering that the credibility of the insurance companies is reflected in the ability to implement this promise.

Previously, the opening ribbon of the company branch was cut.

The company was established with a capital of $ 8 million and recently opened more than 12 direct and indirect selling points in the West Bank and Gaza Strip.