Foreign or international body
Islamic Finance Forum of South Asia (IFFSA)
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Economy
Allied Wins Two Awards at IFFSA 2026
Allied Insurance Company of the Maldives won two awards at the 11th Islamic Finance Forum of South Asia (IFFSA) Awards 2026, with its Islamic window Allied Takaful named Islamic Finance Entity of the Year and Kamana Takaful receiving Islamic Finance Product of the Year. The awards follow 2025 initiatives including discontinuing conventional life insurance sales and making Takaful the only option visible to new customers in the company's app.
Economy
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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