Noor Takaful named Best Takaful Operator in the GCC

Press release
Published December 26th, 2011 - 07:15 GMT

Noor Takaful, the Islamic insurance arm of Noor Investment Group was named Best Takaful Operator in the GCC region, at the CPI Islamic Business and Finance Awards, held recently in Dubai.

It is the second time in three years that Noor Takaful has won the award. Noor Takaful has now won seven industry awards since it was launched in 2009.

Dr Ahmed Al Janahi, Managing Director, Noor Takaful said: “Despite the turmoil in the global financial system, Noor Takaful has achieved sustained growth over the past three years and it has consistently out-performed its takaful peers in terms of gross written premiums. Awards, such as this, remind us of the importance of continuing to deliver on our brand promise of excellence in everything we do, which has been and remains the cornerstone of our success.”

Parvaiz Siddiq, CEO, Noor Takaful, who received the award from Abdulla Al Mansouri, Chairman of financial publisher CPI said: “We are honoured to have won this prestigious award, for the second time in three years. The region’s insurance landscape is extremely competitive and this award is a testament to our commitment to the highest service levels and providing the most effective and innovative insurance solutions to our current and prospective customers.”

Noor Takaful has committed itself to being at the forefront of the Takaful sector in the Middle East. Its contemporary approach to Islamic insurance has seen it provide a series of innovative products and services for its customers, including the GCC’s first e-Takaful service providing instant quotes and online payment facilities. 

Background Information

Noor Takaful

Noor Takaful Family & Noor Takaful General are sister companies, established in early 2009, to provide a broad range of Islamic insurance (takaful) general and customised insurance products and services to individuals, families, groups and companies in the UAE market. We are the first such entities to abide by the new Federal Law No 6 of 2007, which requires life and non-life insurance businesses to be separate legal entities.

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