Amana Takaful PLC
CCSELK:ATL.N000020.00
LKR
-1.20
(-5.66%)
ISIN
LK0354N00007
Return %
Stock
S&P 500
1Y
-31.69
14.20
3Y
70.78
81.12
5Y
95.17
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Siva Karthigun
- Full Time Employees
- 579
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Colombo Sri Lanka
- IPO Date
- Nov 27, 2006
- Website
- takaful.lk
- Similar Companies
- Business
- Amana Takaful PLC is a Sri Lanka-based insurance and Sharia-compliant Takaful solution provider engaged in underwriting general insurance risks for retail, small and medium-sized enterprise, and corporate clients. Founded in 1999 and headquartered in Colombo, Sri Lanka, the company operates as a pioneer of the Takaful insurance model in South Asia, delivering non-life risk management solutions across commercial and personal lines. The company's core product and service portfolio comprises Motor Takaful, providing comprehensive and third-party vehicle coverage, commercial fleet protection, roadside assistance, and rapid claims settlement services; Property and Fire Takaful, covering commercial property, private dwellings, allied perils, and business interruption; Marine and Transit Takaful, encompassing marine cargo, inland transit, and marine hull insurance; Engineering Takaful, offering contractor's all risks, erection all risks, plant and machinery breakdown, and electronic equipment coverage; Medical and Health Takaful, providing corporate group health schemes, individual hospitalization and surgical plans, and specialized senior citizen healthcare solutions such as KruthaGuna; Liability and Casualty Takaful, including public liability, product liability, employer's liability, directors and officers liability, fidelity guarantee, and cash-in-transit policies; Personal Accident and Travel Takaful, featuring domestic and international travel protection, student covers, and 24-hour worldwide personal accident benefits; and Tailored SME Takaful Packages, structured to provide bundled asset, liability, and business continuity safeguards for growing enterprises. Geographically, Amana Takaful PLC operates an extensive island-wide branch network across Sri Lanka and conducts cross-border operations in the Republic of Maldives through its publicly listed subsidiary, Amana Takaful (Maldives) PLC. In recent operational developments, the company has accelerated its digital transformation strategy, introducing end-to-end digital onboarding, automated motor claims processing, and mobile self-service platforms to enhance operational efficiency. In addition, Amana Takaful PLC has expanded its bancatakaful distribution footprint through strategic tie-ups with leading financial and Islamic banking institutions, strengthened its underwriting capital structure in alignment with the Risk-Based Capital framework of the Insurance Regulatory Commission of Sri Lanka, and rolled out upgraded health and specialty micro-takaful products tailored to underinsured market segments.