Mubasher: Al Salam Bank – Bahrain signed an agreement with Takaful International to establish a joint bank insurance company, according to a press release.

Under the agreement, the bank will offer a number of Shariah-compliant insurance products.

Earlier this month, the bank signed a $366 million deal with Diyar Al Muharraq to finance the development of ‘Deerat Al Oyoun’ social housing project.