"The concept and practice of the distribution of surplus by Noor Takaful is an added value proposition which is non-existent in conventional insurance, thus making Takaful very advantageous to its patronizers. You don't have to be a Muslim to operate Takaful. It is an alternative to conventional insurance which complements all classes of clients without discrimination. The realization of the surplus distribution is a testament to the success in its underwriting activities." he added. In his welcome remarks, the Chairman, Board of Directors, Noor Takaful Insurance Limited, Muhtar Bakare described the surplus distribution extended to participants as a significant milestone for the company noting that this gesture has contributed immensely to unlocking the value in ethically compliance insurance both for individuals and corporate organisations in Nigeria. While applauding the regulator, partners as well as participants for their support and understanding, Bakare assured them that the company would continue to take all the necessary steps to meet all of its obligations and commitments to clients and other stakeholders.