Qatar Islamic Insurance Company (QIIC) , the pioneer of Shariah-Compliant insurance services in the country, was awarded the 'Family Takaful Company of The Year' at the 3rd 'Middle East Insurance Industry Awards 2016' held in Dubai recently.
The award was received by Ali Ibrahim Al Abdulghani, CEO of Qatar Islamic Insurance on behalf of Sheikh Abdullah bin Thani Al Thani, Chairman of the Board of Directors, in the ceremony attended by a large number of insurance executives of the Mena region representing 44 finalists among some 250participants in 16 different categories. Qatar Islamic Insurance is the only Qatari company among the winners.
Speaking on the occasion Ali Ibrahim, said: “We truly feel privileged on being chosen as winners by such a distinguished judging panel and would like to thank Middles East Insurance Review on providing a credible platform for the industry to demonstrate their excellence."
He further said: “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 has won this award.
