Alkhaleej Takaful Insurance - AKTI
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Alkhaleej Takaful Insurance - AKTI
Established in 1978, AlKhaleej Takaful Insurance has been a leader in the insurance industry, offering a comprehensive range of conventional insurance services. Grounded in Islamic tradition, we are dedicated to operating in strict accordance with Islamic Sharia principles. With a heritage spanning over four decades, our commitment to excellence has remained steadfast, consistently delivering exceptional services to our valued clientele. Mission To lead with trust and provide distinguished insurance services that align with Sharia principles, ensuring our clients' peace of mind. Vision We strive to be the premier choice for ethical and innovative insurance solutions, setting industry standards, and contributing to our community's growth. We're here to secure your future with reliability, excellence, and a beacon of integrity in the global insurance landscape. In 2010, it transformed to become a Takaful Insurance company in compliance with Islamic Sharia` principles. Honored by the trust that our valued customers have placed in us, we always strive to continue to provide our services in a distinctive way, and value the precious time of both corporate and individual customers, reinforcing the confidence and credibility that we are proud of. Since its inception, the company has, and still is, contributing to the process of economic progress and development witnessed by the country under its wise leadership, through providing insurance coverage for governmental infrastructure projects, and through insuring assets and property for companies and individuals. The company has a strong balance sheet with an adequate capital base and excellent liquidity ratios, supported by reinsurance agreements with distinguished international reinsurance companies with prominent credit ratings. The company maintains a Financial Credit Rating of A- (Excellent) and a Long Term Credit Rating of “a-“ (Excellent) by AM Best. The outlook assigned to these Credit Ratings is stable.