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Qatar Insurance Group (QIC, QIC Group) is a Qatari insurance company, headquartered in Doha. [1] [2] QIC Group was listed 73rd on Forbes Middle East top 100 companies in 2022 [3] and 72nd on the Fortune 500 Arabia list for 2023. [4] QIC was established in 1964 as the first domestic insurance company in Qatar. [5]
Amana Takaful PLC, doing business as Amana Takaful Insurance, is a Sri Lankan insurance company which follows the principles of Islam and it is listed in the Colombo Stock Exchange. It provides services ranging from life insurance and different types of general insurance solutions such as motor vehicle insurance , health insurance , theft and ...
Etiqa is a digital insurance/takaful player in Malaysia with over 55% of market share in online premiums/contributions as of 2020. [1] It is also a bank assurance player in Malaysia, in Digital Life Insurance in Singapore, and a Group Medical insurer in the Philippines.
[7] [22] FWD also launched its Malaysian takaful (Islamic insurance) market at the end of July 2019. [23] By August 2019, FWD had applied for a license to enter a joint venture in China. Having spent $6 billion on mergers and acquisitions since its founding, [ 6 ] in November 2019, FWD agreed to acquire Vietcombank-Cardif Life Insurance, a ...
Takaful (Arabic: التكافل, sometimes translated as "solidarity" or mutual guarantee) [1] is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty). [2]
National Takaful Company (Watania) PJSC (Arabic: وطنية للتكافل) is a takaful company based in Abu Dhabi, United Arab Emirates. The company was created in 2011 by Abu Dhabi National Islamic Finance , Abu Dhabi National Insurance Company , TAQA and Aldar Properties . [ 4 ]
The idea of founding Weqaya Takaful Insurance and Reinsurance company has been resulted from the convergence of investment and economic visions for a number of investment companies specializing in private investments with the experienced insurance technical vision and strategy for a number of insurance experts, known in the Kingdom of Saudi ...
The company provides Family and General Takaful [clarification needed] products for individuals and businesses. All products abide by the principles of the Islamic law and are under the supervision of the company's Sharia Supervisory Board.