Claim Your Share: Ayady Takaful Invites Applicants for 2021 Surplus Distribution

In a proactive move towards transparency and participant benefits, Ayady Takaful, the Islamic segment of Allied Insurance Company, has opened the doors for eligible individuals to apply for the surplus distribution stemming from the 2021 Takaful Fund profits. This surplus allocation, decided by the Allied Insurance board and disclosed on November 22, 2023, provides participants with the chance to claim their entitled share.
Operating under the litigation model, a Sharia-compliant structure, Ayady Takaful ensures that participants contribute to the Takaful Plan, and the remaining amount in the "participant's fund" is directed to Ayady Takaful's 'Takaful Operator' fund, covering operational expenses.
In case of losses, participants are reimbursed using the funds held in their respective participants' accounts.

Eligible applicants, those who have not submitted a claim in 2021, can conveniently apply for surplus through the Ayady Takaful website or by visiting the Customer Front Office. The process is streamlined through the Allied Web Portal (MyAllied) under the 'Check Surplus Eligibility' tab.
To ensure a smooth application process, applicants can verify bank account details at the Customer Front Office at H. Orchid, Ameer Ahmed Road. For additional assistance or clarification, individuals can contact the helpline at number 1600.
Certificate owners seeking to update their existing shared account for surplus funds can conveniently manage the information through the MyAllied web portal or the Allied Mobile App.
Act fast, as the deadline for surplus applications is January 21, 2024, before 1600 hrs. Don't miss the chance to claim your share of the surplus distribution from Ayady Takaful.