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7/22/25, 9:14 AM Al Ansari Exchange Launches Cash Payout Service for ILOE Claims - INTLBM
Al Ansari Exchange Launches Cash Payout Service for

ILOE Claims

July 21, 2025

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Ali Al Najjar, Chief Operating Officer of Al Ansari Exchange, and Abdellatif Abuqurah, Chairman of ILOE’s
Insurance Pool. (Image Courtesy: Al Ansari Exchange)

Al Ansari Exchange, the UAE’s leading remittance and foreign exchange company, has introduced a new
cash payout service for Involuntary Loss of Employment (ILOE) insurance claims in partnership with the
ILOE’s Insurance Pool PSC. The service is now available across more than 270 Al Ansari Exchange
branches nationwide.

This initiative aligns with Al Ansari Exchange’s strategy to expand its portfolio of accessible and inclusive
financial services, aiming to provide integrated solutions for insured individuals under the ILOE scheme
supervised by the Ministry of Human Resources and Emiratisation, which offers eligible insured individuals
cash compensation for a limited period in the event of unemployment.

“Providing accessible financial solutions to individuals across all segments of society is at the heart of our
mission,” said Ali Al Najjar, Chief Operating Officer of Al Ansari Exchange. “This new cash payout service
for ILOE claims ensures that beneficiaries receive timely support when they need it most, with the added
convenience of our nationwide network.”

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