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Allied Insurance Company
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Economy
Allied Wins Top Islamic Finance Honours at IFFSA
Maldives' largest insurer, Allied Insurance Company, won two awards at the 11th annual Islamic Finance Forum of South Asia (IFFSA) Awards, with Allied Takaful named Islamic Finance Entity of the Year and Kamana Takaful named Islamic Finance Product of the Year. The company said the honours recognise its 2025 strategic initiatives to expand its Shariah-compliant portfolio, including phasing out conventional life insurance products and growing Takaful revenues from 2024 to 2025.
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