Amãna Takaful adjudged best Islamic financial services provider in Sri Lanka

Wednesday, 17 July 2013 00:13 - - {{hitsCtrl.values.hits}}

The International Finance Magazine (IFM), headquartered in London, awarded composite insurer Amãna Takaful PLC the title of ‘Best Islamic Financial Services Provider’ in Sri Lanka. Following the announcement of financial services award winners in Australia and Germany, the IFM Awards also honoured and recognised achievers in the Sri Lankan financial services industry. The IFM Awards celebrates excellence in its purest form as an event that recognises and honours individuals and organisations in the international finance industry that make a significant difference and adds value. The award is one that heralds the highest standards of innovation and performance.

IFM spotlights those who make a contribution to raising the bar in the financial industry through activities which include path-breaking initiatives in corporate social responsibility or charitable activities, better corporate governance and other achievements that create an impact on the global finance community. Apart from recognising the key performers in the industry, the IFM Award makes a concerted effort to spotlight organisations in niche segments and those that exhibit brilliance in the unsung corners of the finance industry. Commenting on this accolade, Fazal Ghaffoor, Chief Executive Officer, Amãna Takaful stated: “We are honoured to be bestowed with such an award by the International Finance Magazine Awards 2013. At Amãna Takaful, our strategic vision is to delight all our stakeholders through passionate and professional people, delivering best in class products and services, deploying world class processes and behaviour profitably and productively. Clearly, this accolade is a tribute to all our stakeholders for their steadfast belief, unwavering commitment for the noble ideals of ethical and transparent practices we jointly espouse.” The Takaful Islamic insurance concept of risk management based on reciprocity and partnership is one that has been increasingly growing in Sri Lanka. Amãna Takaful, one of the fastest growing insurance providers in the country, celebrated a successful year in 2012, reporting an impressive growth well above the industry norm.The composite insurer operates in three key strategic business units that specialise in Life, General and medical Takaful in Sri Lanka and Maldives. International Finance Magazine (IFM) is one of the most sought after financial information providers online, sourcing credible information, analysis and insights for the global financial community. Read in over 120 countries worldwide, IFM focuses discerningly on emerging markets addressing economic and business factors affecting these markets while identifying regions, industry sectors and companies that make a difference. Using a combination of reader nominations, expert analysis and meticulous research, the nominees are then evaluated by a jury of international experts. Finalists undergo extensive scrutiny on the basis of innovation, growth, sustainability and their contribution towards the society among other key factors before the final award winners are announced. With Sri Lanka being the third country of winners announced, Amãna Takaful, adjudged as the ‘Best Islamic Financial Services Provider’ will be awarded at a gala event that brings the who’s who of the international financial community together under one roof in Dubai this December. The current Board of Amãna Takaful includes M/S. Tyeab Akbarally (Chairman), Ehsan Zaheed (Executive Director), Non-Executive Directors Osman Kassim, Dr. A.A.M. Haroon, Dr. T. Senthilverl, and Non-Executive Independent Directors M.H.M. Rafiq, Dato’ Fadzli Yusof, A.S.M. Muzzamil, Ali Sabry, Dr. Ifthikar Ismail and R. Gopinath.