UAE's Leading Islamic Insurance Provider Continues to Maintain Momentum with 9th Award in Four Years
Dubai-UAE: 19 December, 2012 - Noor Takaful, the Islamic insurance arm of Noor Investment Group, has been named the 'Best Takaful Operator in the Middle East', at the CPI Islamic Business and Finance Awards.
The prestigious award was presented to Parvaiz Siddiq, Noor Takaful's CEO by Saleh Al Akrabi, Chairman, CPI Financial at a gala ceremony held in Dubai. Noor Takaful has won the award for the third time in four years.
Dr. Ahmed Al Janahi, Managing Director, Noor Takaful, said: "We are honoured to have won this prestigious award once again. In selecting Noor Takaful for the award, industry peers have acknowledged the brand's contemporary approach. We will continue to offer enhanced products and services to our customers to build on our success in the Takaful space."
Upon receiving the award Siddiq said: "Noor Takaful has maintained its impact and momentum four years since its launch. The award is a reaffirmation of Noor Takaful's innovative approach and commitment to excellence."
Now in its seventh year, the CPI Islamic Business and Finance Awards is one of the most prominent events in the Gulf finance industry. The annual ceremony encourages and rewards exceptional performance and growth of the international Islamic business and finance community.
Noor Takaful is committed to leading the Takaful sector in the Middle East and has won nine industry awards since its launch in 2009. In line with its contemporary approach to Islamic insurance, Noor Takaful has provided a series of innovative products and services for customers, including the GCC's first e-Takaful service, which provides instant quotes and online payment facilities.
About Noor Takaful
Noor Takaful is the Shari'a compliant insurance brand of Noor Investment Group LLC. Through its two entities Noor Takaful Family PJSC and Noor Takaful General PJSC, it offers a broad range of Shari'a compliant general and family takaful products. Noor Takaful's business model is founded on the Shari'a principle of Wakala. Noor Takaful administers the process of participation, manages collection of the takaful contribution and processes the claims according to the contract agreed with the participants. In addition, Noor Takaful acts as a trustee for investing funds in Shari'a compliant structures to generate returns on the contribution paid. Noor Takaful aims to set new standards in the region's takaful industry with a focus on service innovation. Noor Takaful's products and services are governed by a Shari'a supervisory board comprising of well-known Islamic scholars.
For more information, please visit: www.noortakaful.com
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© Press Release 2012