Our Products

Financial Institutions Insurance

Dhaman offers Arab and foreign financial institutions (FI’s) a whole range of insurance products that cover their project and trade finance activities related to the Arab World. These insurance products are offered through Dhaman’s two insurance schemes; Investment Guarantee and Export Credit Insurance; both designed to serve Dhaman’s ultimate mission for the region’s economic and social development.
To accomplish its developmental role, Dhaman has been partnering with, FI’s from different parts of the world in order to promote the flow of Arab and foreign investments into the Arab countries, and to support export of Arab goods and services over the world while enabling Arab countries to import strategically and developmentally sound commodities, goods, machinery and equipment needed by national economies.
The insurance products offered by Dhaman cover the losses that financial institutions may incur in case of failure of the obligor (financed investors, importers, LC issuing banks…) to honor his financial obligations.

Covered Risks

  • Commercial risks:
  • – Bankruptcy
    – Protracted default

  • Political risks:
  • -Currency inconvertibility and Transfer restrictions
    -War and public civil disturbances
    -Confiscation, Expropriation and Nationalization
    -Public and governmental Entities default of payment
    -Measures taken by the authorities of the Obligor’s country preventing it from exercising its rights.

Eligibility criteria
Arab and Foreign financial institutions are eligible to Dhaman insurance coverage subject to satisfaction of the following conditions:

  • Financed projects to be hosted in Arab countries
  • Exported goods/services to be of Arab origin
  • Imported strategic goods, equipment can be of non- Arab origin
  • Insured FI & the obligor have no ownership or joint management relationship (unless exceptionally granted strictly for regulatory purposes)


Financial institutions insurance policies
Dhaman offers a set of insurance policies that satisfy project and trade finance varied practices:

  • Export Credit Insurance Scheme:
    – Trade Finance Insurance policy
    – Loans and Non-Honoring of Sovereign Financial Obligation Insurance policy
    – Buyers Credit Insurance policy
    – Factoring insurance policy

  • Investment Guarantee Scheme:
    – Investment loan insurance policy
    – Leasing insurance policy