Ayady Takaful has been honoured with the accolade 'Takaful Window/Unit of the Year' by the Islamic Finance Forum of South Asia (IFFSA).
The second edition of the prestigious IFFSA awards was held on the 24th October in Colombo, Sri Lanka, following the conclusion of the second installment of the annual IFFSA Forum that took place on the same day. Awards were presented in seventeen different categories, as a mean of acknowledging contributions made by individuals and organisations to the IBF Industry within the South Asian Region.
The General Manager of Ayady Takaful Mr. Ibrahim Firushan accepted the prestigious award on behalf of the company. Several esteemed Islamic finance companies of other countries in the South Asian Region were nominated along with Ayady Takaful for the same category.
The Islamic window of the biggest insurance company in the Maldives, Allied Insurance, Ayady Takaful markets a variety of products of Takaful - a type of Islamic Insurance that comply with the sharia laws, in which members contribute money into a pooling system to as a guarantee of both parties against loss or damage.