LOLC Al-Falaah Takaful Life and LOLC Al-Falaah Takaful General have been honoured with four major accolades at the 10th Islamic Finance Forum of South Asia (IFFSA) Awards 2025, recognising their exceptional contributions to Shariah-compliant takaful solutions during 2024.
This marks the first time both entities have been simultaneously recognised at the regional forum — a significant milestone in their journey within Sri Lanka’s Islamic finance landscape.
The companies secured Silver and Bronze Awards for Takaful Window/Unit of the Year 2024/25 in the Life and General categories respectively, along with Bronze and Merit Awards for Islamic NBFI Window/Unit of the Year 2024/25 for the same segments.
These recognitions underscore LOLC Al-Falaah Takaful’s position as one of Sri Lanka’s fastest-growing takaful providers, committed to offering trusted, Shariah-compliant protection solutions across both Life and General sectors, while catering to the evolving needs of customers and communities.
Commenting on the achievement, Shathik Niyas, Head of Takaful at LOLC Al-Falaah Takaful, said:
“We are truly honoured to receive this recognition for both our Life and General companies at IFFSA 2025. This milestone serves as a powerful encouragement for our ongoing efforts to deliver takaful solutions that are thoughtfully designed to meet the diverse needs of our communities, supported by service excellence and advanced digital capabilities.”
He extended appreciation to customers for their continued trust, adding that with a strong branch network, dedicated takaful centres, experienced teams, and innovative digital platforms, LOLC Al-Falaah Takaful remains committed to empowering individuals, families, and businesses to build secure and resilient financial futures.
