Siraj Holding LLC, a private investment firm chaired by Mr. Ahmed Khalaf Al Otaiba, formally announces the acquisition of Al Hilal Takaful PSC from Al Hilal Bank, a wholly-owned subsidiary of Abu Dhabi Commercial Bank (ADCB). With this acquisition, Siraj Holding marks a new phase of operations for Al Hilal Takaful and establishing it as the premier provider of various Takaful solutions for individuals, employers, and government entities across the UAE. The acquisition is poised to strengthen the Shariah compliant Islamic insurance offerings with elevated services for clientele. The transaction was approved by the Shareholders, the Securities and Commodities Authority, … Continue reading Siraj Holding acquires Al Hilal Takaful PSC from Al Hilal Bank