Qatar Islamic Insurance was awarded the “Family Takaful Company of the Year” at the ‘3rd Middle East Insurance Industry Awards 2016’ held recently at Conrad Hotel in Dubai.
The award was received by Qatar Islamic Insurance CEO Ali Ibrahim al-Abdulghani on behalf of chairman of the board Sheikh Abdullah bin Thani al-Thani during the ceremony, which was attended by a large number of insurance executives of the Mena region, representing 44 finalists among some 250 participants in 16 different categories.
Qatar Islamic Insurance is the only Qatari company among the winners.
Al-Abdulghani said: “We truly feel privileged on being chosen as winners by such a distinguished judging panel and we would like to thank Middles East Insurance Review for providing a credible platform for the industry to demonstrate its excellence.”
He added: “I avail this opportunity to thank our policyholders for their trust, our board for their confidence and vision, our reinsurance partners for their support, our reinsurance brokers for mustering that support, and all my colleagues for their efforts in making Qatar Islamic Insurance a company of first choice both for our shareholders, as well as our policyholders through a consistent dividend, claims, and surplus payout over the years to practically prove Takaful as a viable risk sharing model.”
The selection was made by a judging panel of 20 prominent local and international insurance professionals on the basis of the most constructive, efficient, and effective Shariah-compliant products and quality services to meet the financial risks faced by individuals, families, and businesses. This is the second time Qatar Islamic Insurance had won the award.