Mercantile Islami Life Insurance Limited was authorized as a public company under the Companies Act 1994 in Bangladesh on 25 September 2013 to conduct all types of life insurance activities. The company received the registration certificate from RJSC on 02 September 2013 for carrying out business activities. Obtained registration by IDRA on 25th September 2013 under Insurance Act 2010.
Since its inception in 2013, it has established itself as one of the Shariah-based life insurance companies in the private sector. Within a short span of time, Mercantile Islami Life Insurance Limited has been able to prove itself as the most trusted, transparent and fully automated Shariah based life insurance company in the country. Significant write-offs and speedy settlement of claims have contributed to building a respectable image of the company among all communities. In less than 8 years, Mercantile Islami Life Insurance Limited has established service centers across the country through more than 150 branches and has established itself as a trusted and transparent life insurance company in Bangladesh.
We will serve the policy holders with utmost care and provide the best solution for their needs. We will be a company with due solemnity and corporate social responsibility to the society upheld by taking financial risks. Our mission is to Islamization of the economic activities in the country for the solidarity of the Muslim Ummah to provide financial security to our valued participants Life Takaful policies that are most beneficial for their needs.
Our mission is to Islamization of the economic activities in the country for the solidarity of the Muslim Ummah and to provide financial security to our valued participants Life Takaful policies that are most beneficial for their needs.To help our customers in meeting their financial needs and help them plan for life’s events by providing innovative insurance products and services of superior quality at a fair price.
To help our valued policy holders in building a better and safer future and enjoy peace of mind through providing world-class life insurance products and customer service experiences.