Alahli Takaful
Al Ahli Takaful Company was a Saudi Arabia-based, Tadawul-listed takaful (Islamic insurance) provider founded in 2007 and headquartered in Jeddah, which has been merged into Arabian Shield Cooperative Insurance Company.
- Company typePrivate
- Founded2007
- HeadquartersJeddah, Saudi Arabia
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Alahli Takaful does
Al Ahli Takaful Company (شركة الأهلي للتكافل) was a Saudi Arabian joint-stock company that operated a takaful (Islamic insurance) business, providing Shariah-compliant insurance products and services to customers in Saudi Arabia. Founded in 2007 and headquartered in Jeddah, the company was publicly listed on the Tadawul stock exchange under symbol 8130 and operated with an estimated 51-100 employees. As a cooperative/takaful structure, the company offered risk-sharing insurance products compliant with Islamic finance principles rather than conventional interest-bearing insurance.
Alahli Takaful firmographics
Firmographics- Name
- Alahli Takaful
- Legal name
- Al Ahli Takaful Company (شركة الأهلي للتكافل)
- Website
- https://alahlitakaful.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Al Ahli Takaful Company was a Saudi Arabia-based, Tadawul-listed takaful (Islamic insurance) provider founded in 2007 and headquartered in Jeddah, which has been merged into Arabian Shield Cooperative Insurance Company.
- Ownership category
- akta.pro rank
Alahli Takaful industry classification
Industry- Product category
- Cooperative Insurance
- NAICS
- Insurance Carriers (5241), Insurance Carriers and Related Activities (524)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Takaful Bancassurance (Islamic Insurance Distribution) (FSABAGAM)
Keywords
Where Alahli Takaful is headquartered
LocationHeadquarters
- HQ city
- Jeddah
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Markets served
Alahli Takaful business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Alahli Takaful product offering
Product offeringCore offering
Alahli Takaful (Al Ahli Takaful Company) was a Saudi Arabian joint-stock insurance company that provided Sharia-compliant Takaful (Islamic insurance) products and services. Founded in 2007 and headquartered in Jeddah, Saudi Arabia, the company operated with 51-100 employees and was listed on the Saudi stock exchange (tadawul:8130) before merging with Arabian Shield Cooperative Insurance Company.
Product overview
Al Ahli Takaful Company was an Islamic insurance (Takaful) provider that has merged with Arabian Shield Cooperative Insurance Company. The company is no longer operating as a standalone entity, and its website has been discontinued, redirecting visitors to Arabian Shield's website.
Differentiator
Problem solved
Functional benefit
Products and services
- Takaful Insurance Coverage
Companies that use Alahli Takaful
Customer profileIdeal customer profiles1 record
Alahli Takaful technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Alahli Takaful partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Arabian Shield Cooperative Insurance CompanycoreAl Ahli Takaful Company has merged with Arabian Shield Cooperative Insurance Company. This merger represents a consolidation of the two insurance companies. Following the merger, Al Ahli Takaful's website has been discontinued and visitors are being redirected to Arabian Shield's website.
Recent moves4 records
Expansion highlights1 record
Alahli Takaful competitors and assessment
Company assessmentDirect peers
- Salama Cooperative Insurance Company: Saudi-listed cooperative insurance company offering family, motor, and general insurance products, comparable to Alahli Takaful in cooperative insurer status and Saudi retail/corporate customer base.
- Walaa Cooperative Insurance Company: Saudi-listed cooperative insurance company offering general takaful and conventional lines, directly comparable to Alahli Takaful in product mix, regulatory category, and target customer segments.
- Al Sagr Cooperative Insurance Company: Saudi-listed cooperative insurance company providing general and medical insurance; comparable to Alahli Takaful in regulatory category, size band, and Saudi market orientation.
- Gulf Union Cooperative Insurance Company: Saudi-listed cooperative insurer providing P&C, medical, and motor coverage, directly comparable in cooperative-insurance regulatory structure and Saudi market focus.
- Saudi Enaya Cooperative Insurance Company: Saudi-listed cooperative health and general insurer; comparable to Alahli Takaful in cooperative-insurance licensing, Shariah-compliant operations, and Saudi retail/corporate segment focus.
- Al Etihad Cooperative Insurance Company: Saudi-listed cooperative insurance carrier with multi-line coverage, directly comparable to Alahli Takaful as a publicly traded Saudi cooperative insurer operating under SAMA regulation.
- Buruj Cooperative Insurance Company: Saudi-listed cooperative insurer offering medical, motor, and property insurance; comparable in regulatory classification and Shariah-compliant product offerings to Alahli Takaful.
- Amana Cooperative Insurance Company: Saudi-listed cooperative insurance company operating in P&C and medical lines; comparable to Alahli Takaful as a public Saudi cooperative insurer under the same regulatory framework.
- Arabian Shield Cooperative Insurance Company: Saudi-listed cooperative insurance company that merged with Alahli Takaful; a direct peer in the Saudi cooperative/takaful insurance market with overlapping lines including medical, motor, and general insurance.
Broad incumbents
- The Cooperative Insurance Company (Tawuniya): One of the largest Saudi cooperative insurers offering a broad portfolio of takaful and conventional lines; serves as the broad incumbent reference point against which smaller cooperative insurers like Alahli Takaful are benchmarked.
Market position
Strengths2 records
Weaknesses2 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
Alahli Takaful financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alahli Takaful leadership team
Management profileNumber of profiles
Alahli Takaful funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alahli Takaful M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alahli Takaful
What does Alahli Takaful do?
Alahli Takaful (Al Ahli Takaful Company) was a Saudi Arabian joint-stock insurance company that provided Sharia-compliant Takaful (Islamic insurance) products and services. Founded in 2007 and headquartered in Jeddah, Saudi Arabia, the company operated with 51-100 employees and was listed on the Saudi stock exchange (tadawul:8130) before merging with Arabian Shield Cooperative Insurance Company.
Is Alahli Takaful a public or private company?
Alahli Takaful is a private company. It is classified as public and is currently acquired.
When was Alahli Takaful founded?
Alahli Takaful was founded in 2007. It employs 51 to 100 people.
Where is Alahli Takaful based?
Alahli Takaful is headquartered in Jeddah, Saudi Arabia, in the Middle East region.
Who are Alahli Takaful's main competitors?
Direct peers on record are Salama Cooperative Insurance Company, Walaa Cooperative Insurance Company, Al Sagr Cooperative Insurance Company, Gulf Union Cooperative Insurance Company, Saudi Enaya Cooperative Insurance Company, Al Etihad Cooperative Insurance Company, Buruj Cooperative Insurance Company, Amana Cooperative Insurance Company and Arabian Shield Cooperative Insurance Company. The Cooperative Insurance Company (Tawuniya) is listed as a broad incumbent.
Does Alahli Takaful have an API?
No public API is recorded for Alahli Takaful.
What industry is Alahli Takaful in?
Alahli Takaful's product category is Cooperative Insurance. Its primary akta.pro industry code is FSABAGAM, Takaful Bancassurance (Islamic Insurance Distribution). Its NAICS code is 5241 and its SIC code is 6331.