News release World Commerce Review is pleased to announce that FWU Global Takaful Solutions has been awarded the WCR Most Innovative Family Takaful Service Provider 2017. The selection panel took into account product innovation, on-going customer support and best practice criteria as well as a continuing commitment to deploying the best possible solutions for the benefit of their clients. The World Commerce Review Awards are recognised as the principal indications of professional conduct and excellence. Notes to Editors: For press enquiries please contact Tom Page at Phoenix MM. About World Commerce Review WCR is the principal B2B publication available today, enjoying editorial and advertising support from some of the world’s leading business and political organisations. WCR exists to realise the potential of globalisation, reviewing the legal, financial and system requirements of 21st century business. Today’s corporate business environment requires strategic planning that is flexible and progressive. WCR provides a balanced, objective view of the political, regulatory, cultural, legal, financial and economic requirements needed to form an effective strategy for taking advantage of the opportunities that globalisation offers. WCR is a seamless guide for use at boardroom and government level. About FWU Global Takaful Solutions FWU was founded in 1983 and is an international life insurance and pensions group with a focus on long term savings, education and retirement plans for both individual customers and corporates ( FWU has experience of distributing life insurance and pensions solutions with banks, brokers and Independent Financial Advisors (IFAs) in Europe and the growth markets (MENA and South East Asia). European markets In Europe FWU fully owns 3 life insurance companies, with Assets Under Management of $3 billion. FWU also fully owns an insurance broker in Italy, Solyda, which has over 1,000 sales agents ( Growth markets From its regional head office in Dubai, UAE, FWU is also active in growth markets (UAE, Saudia Arabia, Oman, Pakistan and Malaysia) and has taken a strategic equity stake in 2 life insurance companies in Saudi Arabia and Pakistan. FWU Value Proposition In growth markets, FWU is a service partner for 3rd party life insurance companies to offer tailored Shariah compliant Life Insurance and retirement solutions for defined customer segments (product design). Proprietary Digital Application (iPad) for life insurance sales / policy management, enabling policy issuance within 20 minutes (including life insurance underwriting) Asset Management using proprietary Quantitative models Sales channel management, training and distribution support FWU SALAM Sukuk Program FWU has successfully pioneered new Sukuk structures, under the brand name SALAM; and raised Shariah-compliant financing for its fast growing business activities in several growth markets.