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Friendly Society holds 14th AGM

Photo: Second from left Chandra Mohammed, Friendly Society Officer II receiving a gift basket from Phoolmatie Ali, wife of President Manwar Ali. At left is Adeeb Ali, Assistant Manager of TTTFS and Manwar Ali second from right.

“The Board is planning for a better 2012, and so we urge all members to become more actively involved in the business of Takaaful T&T Friendly Society by playing your role, particularly in patronizing the Society and in marketing the products of the Society to the rest of the Muslim community - starting with members of your family and moving outwards,” said Manwar Ali, President of Takaaful T&T Friendly Society on Sunday, April 15th, at the Fourteenth Annual General Meeting of the Society.

The Meeting which was held in the Auditorium of the Bureau of Standards at Macoya got underway at 9.00 a.m. with a most beautiful Quranic recitation by youthful Nabeel Ali. Matters on the Agenda then moved along smoothly, with the meeting coming to a close at noon, inclusive of elections. Fifty seven (57) gift baskets contributed by companies and sole traders were distributed at the end of the meeting.

Secretary Zafir Ali presented an encouraging Report of the Board of Management’s achievements during the past year 2011. The Audited Financial Statements for the year ending December 31st, 2011 were presented by Treasurer Asif Khan. Among the achievements for 2011 were a 2.7% dividend to investors and a 45% rebate to the participants of the Funeral Benefit Scheme.

Elections conducted by Trustee Omar Gorib saw 3 directors elected for three years and 2 substitutes for one year. Aman Hosein was re-elected to the Board. Ameer Ali and Saied Hosein were also elected to the Board for the first time. Terrance Ali was elected First Substitute and Ja’afar Mohammed Second Substitute.

The continued sterling efforts of the Board, members of the various committees and consultants were recognized by members as was the continued generosity of corporations who donated the gift baskets among them S.M. Jaleel & Co. Ltd., Naisa, M&D, Illuminat T&T Ltd., R. Khan Trading, Mid Eastern Travel Services Ltd., Canamax, Shazam Mohammed Real Estate, Shazam Mohammed Classic Collections, Celectricon Enterprises Ltd., Chief Brand Products Ltd., Copitech, Graphic Scripts, Shaffick Hosein & Co. Ltd. and Tarac.

Following the AGM, members were provided with lunch and other refreshment and an opportunity to socialize.

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