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Amana Takaful Life Plc (Sri Lanka)

Main Activities: Agencies, Brokerages, and Other Insurance Related Activities
Full name: Amana Takaful Life Plc Profile Updated: July 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Amana Takaful Life Plc is a public company located in Colombo, Sri Lanka. It was incorporated in 1999 with technical collaboration from Takaful Malaysia. The company is listed on the Colombo Stock Exchange since 2006 and has expanded its presence with 25 branches in Sri Lanka and an overseas branch in the Republic of Maldives. Amana Takaful offers a range of insurance products and services tailored to the needs of businesses and communities. The company has a staff strength of over 400 employees and has received ISO 9001 accreditation. Amana Takaful is committed to providing peace of mind through world-class Takaful solutions and aims to engage all stakeholders in crafting unique insurance solutions. The company values customer-centered interaction, open-mindedness, a culture of continuous improvement, and diversity. Amana Takaful is socially responsible and focuses on enhancing education, healthcare, and economic assistance to the less fortunate in rural areas. The company is listed on the Second Board of the Colombo Stock Exchange with the stock code 'ATLL'.

Headquarters
No. 660 - 1/1, Galle Road
Colombo; Western Province; Postal Code: 03

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Website: http://www.takaful.lk

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2014
Key Executives
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Chairman
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Chief Executive Officer
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Vice Chairman
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Director/Member of the Board
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Outside Director
Ownership Details
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0.02%
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0.02%
Company Performance
Financial values in the chart are available after Amana Takaful Life Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
8.39%
Operating profit (EBIT)
-92.99%
Net Profit (Loss) for the Period
N/A
Total assets
14.51%
Investments
3.92%
Receivables
71.27%
Total equity
10.48%
Net Premiums Earned Trend
5.8%
Net Profit Trend
-29.77%
Return on Equity (ROE)
N/A
Loss Ratio
14.98%
Underwriting Expenses Ratio
8.01%

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