Salaam Takaful Limited creates history by being the 1st General Takaful Company to distribute surplus money to its participants.
Salaam Takaful Limited, the largest dedicated general takaful operator in Pakistan, announced a payment of surplus to its policyholders, under Shariah guidelines. Backed by its unprecedented growth and emergence as the leader in its respective field, the company has created history by being the first general takaful company in Pakistan to initiate this process of surplus sharing with its policyholders. Surplus sharing is the unique benefit of Takaful in comparison to conventional insurance, which not only protects policyholders against unforeseen circumstances but also qualifies them for a share in the achieved surplus based on the performance of PTF. Rizwan Hussain, CEO- Salaam Takaful Limited, on this occasion quoted, “Alhamdulillah, we are pleased to be the first general takaful operator in Pakistan to distribute a surplus to its participants in general takaful industry, reflecting the true spirit of Takaful’s concept. This way we aim to uphold the belief in shariah-compliant solutions and resonate the fact that Takaful indeed is a better alternate to insurance. We value the trust of our policyholders and partners and run our company with an utmost responsible approach, high standards of services, and access to best practices of takaful with complete transparency.” Due to superior emphasis on disclosures and transparency, with the essence of always doing the right thing, Salaam Takaful Limited is a regular recipient of top accolades from ICAP and ICMAP for its Annual Corporate and Sustainability Reports and has been regularly conferred with Certificate of Merit from South Asian Federation of Accountants (SAFA).