Ayady Takaful, Allied Insurance's Islamic window, has received gold award from the Unit of the Year/Takaful Window category in the 6th Islamic Finance Forum of South Asia (IFFSA) held online last Wednesday.
Ayady Takaful has consecutively secured this award since 2018, making this the fourth time that the company has received the award.
The company also received several other awards at the IFFSA award series over the years. Notably, in 2017, Ayady Takaful’s Hajj and Umra Takaful received 'Innovative Product of the Year' award. They also received silver award for recognizable efforts the same year.
This regional level awarding ceremony is conducted by Sri Lanka’s UTO Edu Consult. The purpose of the award function is to help expand the Islamic Banking Industry in the South Asia region and award the individuals who introduce beneficial and innovative services to the society.