Company
Headquarters: Jeddah, Saudi Arabia
SR545.9 Million
SAR as of Jan. 1, 2022
US$145.4 Million
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As of January 12, 2022, AlAhli Takaful Company was acquired by Arabian Shield Cooperative Insurance Company. AlAhli Takaful Company provides protection and saving insurance products through insurance solutions for individuals and groups in the Kingdom of Saudi Arabia. The company operates in two segments, Insurance-Individual and Insurance-Group Life. The Insurance-Individual segment offers life insurance products on an individual basis, including unit linked investment-oriented products. The Insurance-Group Life segment provides life protection programs to the members of organizations on a group basis; and credit's protection benefits in respect of personal loan given by financing organization. This segment also offers protection benefits in respect of various credit facilities other than personal loans extended by the financing organizations to its customers. The company was incorporated in 2007 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
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