Abu Dhabi National Takaful Company has announced Surplus Distribution (cash returns) for its eligible individual and corporate family takaful policyholders for the year 2017 indicating a profitable year-on-year performance by the company.

The surplus payment is scheduled to be made to the eligible policyholders within a period of six months from the date of official announcement through four different options; a cheque, a bank transfer, discount on policy renewal contribution or as donation to any of the authorised charitable organisations in the UAE paid by the company on behalf of the policyholder.

Notably, cash returns to policyholders illustrates the uniqueness of Takaful concept where, in addition to protection provided to the policyholders against unforeseen losses, they are also entitled to a share in the achieved surplus of the fund without any investment in the capital on part of policyholders.

With its declaration of surplus, Abu Dhabi National Takaful is amongst a handful of Takaful operators to provide cash returns to its family takaful policyholders in the region for the year 2017.

Khamis Buharoon Al Shamsi, Chairman of the Board of Directors, commented, "Our continuous growth is the result of our progressive planning and stable performance. We are strongly committed to our policyholders and work hard to safeguard their interests."

Osama Abdel Raouf Abdeen, Chief Executive Officer, said, "The distribution of surplus to our family takaful policyholders is a testament to our successful business model that has proven to protect our policyholders’ ownership and achieve shareholder returns."

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