Saudi Arabia · Middle East & Gulf · class T
Takaful / Islamic insurance companies in Saudi Arabia
4 licensed takaful / islamic insurers, 15% of the 26 insurance entities supervised by the Insurance Authority. Sharia-compliant risk-sharing operators (takaful, participation and retakaful).
| Company | Class | Parent / group | Ownership | Regulator | Verification |
|---|---|---|---|---|---|
| Al Rajhi Takaful | TTakaful / Islamic | Al Rajhi | Domestic private | IA | Verified |
| Aljazira Takaful Taawuni | TTakaful / Islamic | Bank Aljazira | Domestic private | IA | Verified |
| Salama Cooperative Insurance | TTakaful / Islamic | Salama | Domestic private | IA | Verified |
| Solidarity Saudi Takaful | TTakaful / Islamic | Solidarity (Bahrain) | Foreign multinational | IA | Verified |
No insurers match that filter.
About takaful / islamic insurers in Saudi Arabia
How many takaful / islamic insurers are licensed in Saudi Arabia?
4 of the 26 licensed insurance entities in Saudi Arabia are classified as takaful / islamic (15%), according to the IA register as reflected in this directory (verified - listed population).
Who regulates takaful / islamic insurers in Saudi Arabia?
Insurance Authority (IA), under Cooperative model; consolidation ongoing. Official website: https://ia.gov.sa.
Are the takaful / islamic insurers in Saudi Arabia locally or foreign owned?
1 of 4 belong to regional or foreign multinational groups (including Salama), 0 are state-owned, and the rest are domestic private companies.
Data: /api/v1/countries/saudi-arabia.json (filter by class = "takaful-islamic"). Licence CC BY 4.0, attribute KAFS North America.