28/02/2016 07:43 AST

Qatar Islamic Insurance CEO Ali Ibrahim al-Abdulghani was awarded the prestigious 'Takaful CEO of the year' award at a ceremony held during the 10th International Takaful Summit 2016 at Jumeirah Carlton Tower, London recently.

This award was presented to him "in recognition of his outstanding leadership that witnessed the company grow steadily to the benefit of both shareholders and policyholders alike adding much needed credibility to the takaful (Islamic insurance) model worldwide as viable alternative to the conventional insurance."

On the occasion al-Abdulghani "thanked Allah the Almighty for his blessings, the Board of Directors, particularly the chairman, for the confidence reposed in him, his colleagues for believing in his leadership despite being a beginner in the industry and customers for trusting Qatar Islamic Insurance."

He also thanked his counterparts in Qatar for their cooperation to strengthen the Qatari Insurance market.

Notably, he invited the takaful industry leaders to cooperate in establishing a 'ReTakaful' syndicate at Lloyds of London, the oldest takaful market in the world, to fill in fading ReTakaful capacity that poses a challenge to the takaful industry worldwide.


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