Company Information

Get to know Amana Takaful Life

Amana Takaful Life PLC is a pioneer of the Takaful concept in Sri Lanka, having been incorporated in 1999 as part of Amana Takaful PLC. Following a regulatory requirement in 2011 to segregate life and general insurance businesses, the company was established as a separate public limited entity. It offers a diverse portfolio of life, health, and investment-related Takaful products designed to be in harmony with Islamic principles for individuals and groups. The company is listed on the Colombo Stock Exchange and is committed to providing ethical and community-centric financial protection services.

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Financial InsurancePRIMARY
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Amana Takaful Life

Sri Lanka

Founded in

10 Jul 2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Cyprus

2017

(9 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.