Solidarity wins CFI honour for strategic vision and leadership

Solidarity Group Holding, one of the largest takaful groups in the world, has been awarded the prestigious ‘Best Strategic Leadership in Islamic Insurance MENA 2024’ award by Capital Finance International Awards.

This distinguished recognition reflects Solidarity Group Holding’s commitment in enhancing and providing innovative solutions within the insurance industry, the group said in a statement.

The award underscores the company’s strategic vision, exemplary leadership and outstanding performance in the Islamic insurance sector.

Commenting on this achievement, Solidarity Group Holding Group chief executive Ashraf Bseisu said: “We are truly honoured to receive this esteemed award from Capital Finance International. This achievement reflects our relentless efforts to deliver exceptional takaful services and evolve and meet the diverse needs of our valued stakeholders.

“We will continue to push the boundaries of innovation and set new standards in the insurance landscape in Bahrain and the Mena region,” he said.

“Our resolute dedication to the core values of integrity, innovation and customer-centricity will remain the driving force that guides us as we navigate the ever-changing dynamics of the insurance industry. Driven by these essential values, and our strategic pillars of leadership through excellence, accomplishment and differentiation, we will relentlessly raise the bar of innovation and set new benchmarks for excellence in the insurance landscape, both within Bahrain and across the expansive Mena region,” Mr Bseisu added.

The CFI Awards have been recognised as a prestigious accolade, acknowledging the achievements and contributions of industry leaders across various sectors, including Islamic insurance.

This award demonstrates Solidarity Group Holding’s pioneering strategies, remarkable performance, and its ability to adapt to the changing dynamics of the insurance industry. Additionally, the award further solidifies the company’s position as a leading player in the insurance market within the Mena region.

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