About Us – Boubyan Takaful Insurance Company

About Boubyan Takaful Insurance Company

Who We Are?

Boubyan Takaful Insurance Company, one of Kuwait's new generation of Takaful Providers, was established in 2006, and the authorized paid-up capital is KD 10.320.009 million. The company provides a full range of General Takaful, Family Takaful, and Medical Takaful plans to corporate and individual clients. Boubyan Takaful operates across many distribution channels to offer its products and services to the widest audience in Kuwait. Boubyan Takaful sets high standards in serving customers through the latest technology solutions while offering a personal touch to each and every customer.

Principles of Takaful

Takaful is an Arabic word that means "togetherness". Takaful, or Islamic insurance, is Shariah-compliant insurance that is based on cooperation, social solidarity, responsibility, assurance, protection, and financial assistance among groups of participants to indemnify losses of members in respect of any tragedy in human life, and loss to businesses or properties. Takaful policies allow the contributor to enjoy the same level of coverage provided by conventional insurance.

Vision, Mission and Values

Our Vision

To be recognized as the leading and trusted Takaful Insurance Provider of choice, operating in accordance with the principles of Shariah.

Our Mission

To utilize our expertise and local market intelligence to provide our customers with innovative and inspiring Shariah-compliant Takaful solutions; to build value for our shareholders by consistently producing superior operating results, and to create the best place to work for our employees.

Our Values

Aspiration to provide the best service first time, every time.

Offering our customers a well-mannered, friendly, and informative service environment on time.

Careful consideration of customers’ comments for customer care quality improvement.

Ensuring prompt and fair complaint handling.

Supporting, developing, and encouraging our staff to deliver on these commitments.

Chairman's Message

Dear Valued Visitors,

Boubyan Takaful has developed dramatically as an organization since its inception. In light of growing competition, we have begun the next phase of company development. The vision of our shareholders, management, and employees “to be recognized as the leading and trusted Takaful Provider of choice” is well on its way to fruition. Initiative to develop risk framework, fully comply with Shariah principles, improve customer service, and meet and exceed customer needs and expectations is something that we believe should be deeply rooted in our corporate culture as well as drive the market to offer the best opportunities for the protection and security of our communities.

Boubyan Takaful is proud to be at the forefront of these activities in Kuwait and welcomes the opportunity to work with all of our partners to further develop and improve to become a distinguished example in the field of takaful protection.

Abdul-Salam Mohammed Al-Saleh

Chairman

Ebrahim Abdullah AlKhuzam

CEO

CEO Message

Dear Valued Visitors,

Boubyan Takaful, a Shariah-compliant insurance provider in Kuwait, has proven itself to be a dynamic and progressive enterprise positioning itself among the Top 5 insurers in Kuwait and a leading Takaful provider in Kuwait. Boubyan Takaful has developed steadily and remained resilient despite challenging market conditions.

We have accomplished this through an in-depth understanding of the market demand in the insurance industry in Kuwait and a relentless commitment to quality by offering outstanding customer service in different lines of business. Building on our success, we look forward to a new phase of growth as we develop more innovative Takaful products for individuals through digitalization.