About Us – Boubyan Takaful Insurance Company - BTIC
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
To be recognized as the leading and trusted Takaful Insurance Provider of choice, operating in accordance with the principles of Shariah.
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.
- 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.
Ebrahim Abdullah AlKhuzam
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.
Board Of Directors
Abdul-Salam Mohammed Al-Saleh
Mr. Al-Saleh is the Chairman of Boubyan Takaful and the Deputy Chief Executive Officer at Boubyan Bank with more than 30 years of experience...
Waleed Khalid Al-Yaqout
Mr. Al-Yaqout is the Vice-Chairman at Boubyan Takaful and the Group General Manager in the Administration of Boubyan Bank with more than 36 ...
Bader Al Hashel
Dr. Alhashel is a Board Member at Boubyan Takaful and an associate professor of finance at Kuwait University. Dr. Alhashel has various consu...
Mr. Bourisly is the Board Member at Boubyan Takaful and the General Manager – Corporate Banking at NBK. He has more than 23 years of experie...
Abdullah Al Mejhem
Mr. Al-Mejhem joined Boubyan Bank in 2021 and has more than 20 years of experience in banking sector and financial institutions. Prior to jo...
Mohamed Ibrahim Ismail
Mr. Ismail is the Board Member at Boubyan Takaful and the Group General Manager – Financial Control Group at Boubyan Bank. He has about 22 y...
Ashraf Abdallah Sewilam
Mr. Sewilam joined Boubyan Bank in 2013, and has over 27 years of experience in banking sector. Before joining Boubyan, Mr. Sewilam was CEO ...
Sheikh Dr. Abdul Aziz Khalifa Al-Qasar
Sheikh Dr. Esame Khalaf Al-Enezi
Sheikh Fawaz Mishari Al-Kulaib
Ebrahim Abdallah AlKhuzam
Chief Executive Officer
Chief Financial Officer
Chief Operation Officer
Chief Commercial Officer