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Allied Insurance earns double recognition at South Asian Islamic finance awards

Allied Insurance Company of the Maldives won two awards at the 11th Islamic Finance Forum of South Asia (IFFSA) Awards 2026: Allied Takaful was named Islamic Finance Entity of the Year and its Kamana Takaful product won Islamic Finance Product of the Year. The recognition follows 2025 changes including discontinuing conventional life insurance in favour of Family Takaful and removing the conventional insurance option from its mobile app for new customers.

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Sources 1carried it 1 of 19 news outlets we monitor

One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates
  1. Tue 20 Oct
    Awards ceremony held at Shangri-La in Colombo with participants from across South Asia Shangri-La, Colombo, Sri Lanka October 20 only The Standard The awards were presented at a ceremony held on October 20 at Shangri-La in Colombo, Sri Lanka, bringing together financial institutions, industry professionals and representatives of the Islamic finance sector from across South Asia.

    Word for word from the report in The Standard. Open the report

How the reporting differs

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