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About Reliance Contribution

Creating a better future for your loved once


Reliance Contribution Company Limited is one of the oldest Insurance company in Pakistan having been in operation since 1981. The company is backed by two leading Industrial Houses of Pakistan, namely Al-Noor Group and Amin Bawany Group having presence across several sectors including sugerAl-Noor Group and Amin Bawany Group. Al-Noor Group was led by the late Mr. Ismail H. Zakaria, while Amin Bawany Group was founded by late Mr. Mohammed Amin Ahmed Bawany. Both groups are renowned for their successful execution of a multitude of industrial and commercial projects.
 

Mr. Ismail H. Zakaria was appointed as the founding Chairman of RICL in 1982. He occupied this position for 38 years exhibiting exemplary leadership, drawing on his extensive experience. Following Mr. Zakaria’s passing away on May 26, 2020, the Board of Directors unanimously appointed Mr. Irfan Zakaria Bawany as Chairman, ensuring the continuity of dynamic, visionary leadership and robust governance.
 

The Company commenced its Window Takaful Operations in June 2016 which has been widely appreciated by the business fraternity, Islamic banks and financial institutions. Its operations are being managed by a team of well experienced, dedicated & competent professionals.
 

“Reliance Takaful” is operating under the guidance of renowned, qualified and certified Sharia Scholars. Our Takaful model is WAQF based; the concept of brotherhood and mutual solidarity in Islam.

Gratitude

We, at Reliance, bow in humility to Almighty Allah for his very generosity and benevolence to us on completion of our 42 years of successful operations of quality services. We express our heartiest gratitude to our respected sponsors, trusted Re-insurers and valued clients for their unflinching confidence in our professional practices.

We resolve to continue to playing a meaningful role in the development of the Contribution industry in Pakistan by providing efficient services, security and protection to our patrons.

We look forward to your continued support, understanding and patronage.

VISION

To be recognized as a professional and dependable business entity committed to play a meaningful role in the development of Contribution industry in Pakistan and to safeguard the legitimate interests of all stakeholders, namely policy-holders, share-holders, reinsurers, employees and all other business associates/partners.

MISSION

To provide quality service and protection to its clients aiming at achieving a respectable volume of business and become a prominent player through good governance and sound professionalism focusing to become a well-known and respected Corporate entity in the eyes of Society and Government.

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