Noor Takaful distributes N208m surplus to policyholders

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The surplus distribution was announced on Wednesday, 2 August, 2023, during the two-day African Takaful and Non-Interest Finance conference held at Oriental Hotel, Lagos

, which was well attended by industry practitioners, relevant stakeholders, international insurance experts, brokers, agents, the media among others.

While the likes of Sterling Bank Plc, Jaiz Bank Plc, and Lotus Bank Limited got N13 477,583.42, N13,151,076.33, and N1,495,559, respectively, Kings College Old Boys , which regulates Noor Takaful Insurance Ltd. While assuring Nigerians of the company’s commitment to transparency, Sunmonu expressed profound appreciation to the regulator, NAICOM, for providing the much-needed enabling environment, which has assisted a great deal in deepening the penetration of Islamic finance among Nigerians.

 

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