Who We Are
Takaful is derived from the Arabic root-word “kafala” which means Mutual Protection and Joint Guarantee. Operationally, Takaful refers to participants contributing mutually to a common pool, for the purpose of mutual indemnity in the case of peril or loss. This arrangement is obligated through the tenets of Islamic Shariah.
With these ideals, Amana Takaful Insurance was incorporated as a Public Company for the purpose of Composite Insurance in Sri Lanka in 1999, with technical collaboration from Takaful Malaysia. Listed in the Colombo Stock Exchange since 2006, Amana Takaful Insurance has expanded its geographic foot-print through 25 branches in the country. Our overseas branch operation in the Republic of Maldives since 2005,was incorporated as a free standing PLC listed on the MSE in 2011.
With the growth of the Takaful way of Insurance, we now count a staff strength of 400 plus, offering products and services tailored to the discerning diversity of the businesses and communities we serve.
Amana Takaful Insurance has received ISO 9001 accreditation.
How are we apart
Seadfastly holding on to our lofty ideals, we under-write all classes (with a few exceptions). Over the years we have derived strength from diversity, enlisting all communities in Sri Lanka in our customer portfolio striving to provide competitively superior financial solutions, working together with our valued business partners.
Vision Statement
Mission Statement
“We will stand apart from the rest by engaging all stakeholders, crafting unique insurance solutions, in a spirit of mutuality & solidarity.”
Our Values
Customer Centered : Interaction with customers.
Open Mindedness : Changing the status Quo, seeking new ideas.
Rise for Quality : A culture of continuous improvement.
Diversity : Our soul & spirit.
Our Partners



Our community is one of our main priorities
At Amana Takaful Insurance we believe in being a socially responsible corporate. We have identified key areas such as health care, education and children as our main priorities. With these concerns as guideposts the following programs have been developed, in the hope of uplifting the lives of the less fortunate in rural areas.
A keystone of Amana Takaful Insurance is community, therefore it is a given that caring for our community is one of our main priorities.
After nearly 10 years of carrying out operations in Sri Lanka, a management decision was taken to streamline and formalize our Corporate Social Responsibility (CSR) activities under the banner, “Amana Takaful Cares”.
At Amana, caring is not just the fulfilling of an obligation or responsibility;
it is our corporate bliss.
How does it operate
Our CSR programmes each bear the hallmarks of the Takaful concept. We partner with local organizations and charities which are located close to our branch sites in order to facilitate coordination and monitoring, for the most effective utilization of proceeds. Further we attempt to utilize the funds collected from a certain branch to benefit the communities within that area—this leads to a truly community based approach to social responsibility.
How to be a partner
Our customer care officials will be delighted to help you with assisting your community. Each branch has a selection of collection envelops which can be filled and dropped into a secure collection system. Customers can also suggest worthy causes and the company CSR team will evaluate these requests based on merit and feasibility.
What we do
Amana Takaful Cares focuses its activities on health care, education and children. With these concerns as guideposts the following programmes were developed, in the hope of uplifting the lives of the less fortunate in rural areas.
Directors

Mr. Zulficar Ghouse
Mr. Zulficar Ghouse
The current portfolio of customers includes the following segment, FMCG, Pharmaceutical, Food Manufacturers & Exporters of Tea Exporters, Garments & Accessories, Fruits and Vegetables, Bicycle Manufacturers, Sea food to name a few.
Previously was employed as Director/CEO of Asiabike Industrial Limited, a BOI approved company is the pioneer in the manufacture of bicycles in Sri Lanka. Presently it is the only company in Sri Lanka manufacturing and exporting more than 350,000 bikes per year to European Union Countries. The company is 100 percent Sri Lankan owned and was incorporated in 1994.. Asia bike were awarded the Presidential Award for Export Excellence in 2006, Gold Award in 2007 and the Bronze Award in 2006 in the Industrial Extra-Large Category by the National Chamber of Exporters of Sri Lanka.
Zulficar has extensive experience in private sector organizations local and overseas. His previous appointments were as Director /CEO of Colombo Land & Development Co Limited, a company listed in the Colombo Stock Exchange and prior to that he was Managing Director of iOM Lanka (Pvt) Limited and as Country Manager of iOM Philippines In which was subsidiary of Royal Clicks Limited, a company listed on the Singapore Stock Exchange. He was also employed as Group Financial Controller of the Expolanka Group.
Was Independent Director at Vidullanka from 2007 to January 2019. Vidul Lanka Plc a company listed in the Colombo Stock Exchange, Muvumbe Hydro ( Uganda ) Limited, Norfolk Foods Pvt Ltd, Vidul Engineering Pvt Ltd, Gurugoda Hydro Pvt Limited, Muvumbe Hydro (Uganda) Limited & Lower Kotmale Oya Hydro Pvt Ltd.

Mr. Hassan Kassim
Mr. Hassan Kassim
He holds a BA (Hons.) Degree in Management Studies from the University of Nottingham, UK. Mr Hassan Kassim also serves as a member of the Board of Directors of Bio Extracts (Pvt) Ltd, Lanka Commodity Holdings (Pvt) Ltd., Expoceylon Pharmaceuticals (Pvt) Ltd, Expo Commodities Global (Pvt) Ltd, Kolonnawa Property Holdings (Pvt) Ltd, Ruhunu Farms (Pvt) Ltd and Roar Digital (Pvt) Ltd.

Mr. S.R Hussain
Mr. S.R Hussain

Ms. Deepthie Wickramasuriya
Ms. Deepthie Wickramasuriya

Mr. Thilan Wijesinghe
Mr. Thilan Wijesinghe

Mr. Paddy Weerasekera
Mr. Paddy Weerasekera

Mr. Abdullah Kassim
Mr. Abdullah Kassim
Mr. Abdullah Kassim holds a First Class (Hons) Bachelor’s Degree in Business Administration from Staffordshire University- UK and Masters (MSc) in International Business & Management from Manchester Business School, University of Manchester - UK.
Corporate Information
NAME OF THE COMPANY
Amana Takaful PLC
TAX PAYER IDENTIFICATION NUMBER (TIN)
134007958
COMPANY REGISTRATION NUMBER
PQ 23
REGISTERED OFFICE
No. 660-1/1, Galle Road,
Colombo 03, Sri Lanka
SHARIAH ADVISORY COUNCIL
Mufti M.I.M. Rizwe – Chairman
Mufti Shafique Ahmed Jakhura – Member
Ash-Sheikh M. Murshid – Secretary
CHIEF EXECUTIVE OFFICER – Amana Takaful PLC
Shehan Feisal
SECRETARIES
Managers & Secretaries (Pvt) Ltd.
SUBSIDIARIES
Amana Takaful Life PLC No. 660 – 1/1, Galle Road,
Colombo 03, Sri Lanka
Amana Takaful (Maldives) PLC – Ground Floor, H. Palmayrah, Sosun Magu, Male, Republic of Maldives
AUDITORS
Messrs Ernst & Young
Chartered Accountants
LEGAL STATUS
STOCK EXCHANGE LISTING
REINSURANCE PANEL
Swiss Retakaful
GIC Retakaful
Labuan Re
Asian Re
Saudi Re
Tunis Re
NITF
PRINCIPAL BANKERS
Amana Bank PLC
Bank of Ceylon
Commercial Bank
Deutsche Bank
HNB
MCB Bank
Nations Trust Bank
NDB Bank
Pan Asia Bank
Sampath Bank
Seylan Bank
CONSULTANT ACTUARIES – GENERAL INSURANCE
NMG Financial Services Consulting Pvt Ltd.
No. 65, Chulia Street, No. 37-07/08, OCBC Centre,
Singapore 049513