Posted by: ISLAMIC FINANCE SRI LANKA on: August 28, 2009
28th August 2009
The Insurance Board of Sri Lanka (IBSL) has extended the suspension imposed on Ceylinco Takaful Ltd. in respect of General Insurance Business in Terms of Section 18 (4) (b) of the Regulation of Insurance Industry Act, No. 43 of 2000 for a further three weeks from August 26, 4.31 p.m. to 4.30 p.m. [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: August 7, 2009
Ceylinco Takaful Limited is the Second Takaful Company registered in Sri Lanka.
It was incorporated on 28th September 2005 and started operation on 16th May 2006.
It has been registered with the Insurance Board of Sri Lanka (IBSL) under regulation of
Insurance Industry Act No. 43 of 2000. The technical collaborator is SHIEKAN Insurance &
Reinsurance, Sudan who are the pioneer Takaful operator in the world.
Ceylinco Takaful is a member of Ceylinco Group, which is presently encountered with legal constrains.
