Boubyan Takaful Insurance Company has established a comprehensive Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) policy that outlines the principles, standards, and procedures necessary to prevent and detect any activities related to money laundering, terrorist financing, or other financial crimes. The company is fully committed to ongoing compliance with all applicable laws and regulations governing AML/CTF across all jurisdictions in which it operates. This policy applies to all employees, partners, and stakeholders, requiring adherence to due diligence practices, including thorough customer identity verification, continuous transaction monitoring, and the prompt reporting of any suspicious activities in accordance with approved procedures. Furthermore, the company adopts a proactive approach by implementing continuous training programs and conducting regular risk assessments to ensure the effectiveness of its AML/CTF framework.

At Boubyan Takaful Insurance Company, we issue our financial statements at the end of each fiscal year, providing a comprehensive overview of our financial performance and cash flows throughout the year. These reports serve as an essential resource for our shareholders and stakeholders, reinforcing our unwavering commitment to transparency, accountability, and the principles of sound corporate governance.

Fitch Ratings, the global credit rating agency, has assigned Boubyan Takaful an Insurer Financial Strength (IFS) Rating of A with a Stable Outlook for 2024. This rating is a testament to the company s robust business model, financial stability, and its leading position in Kuwait s Takaful insurance sector. On this achievement, Ibrahim Abdullah Al Khuzam, CEO of Boubyan Takaful, expressed his pride, stating: "We are delighted to receive this prestigious rating from Fitch, which underscores our dedication to innovation and our commitment to providing top quality, Sharia compliant insurance services and solutions. This recognition reaffirms our ongoing efforts to achieve the highest standards of performance, transparency, and customer satisfaction.

At Boubyan Takaful Insurance Company, we issue our financial statements at the end of each fiscal year, providing a comprehensive overview of our financial performance and cash flows throughout the year. These reports serve as an essential resource for our shareholders and stakeholders, reinforcing our unwavering commitment to transparency, accountability, and the principles of sound corporate governance.

Fitch Ratings, the global credit rating agency, has assigned Boubyan Takaful an Insurer Financial Strength (IFS) Rating of 'A' with a Stable Outlook for 2024. This rating is a testament to the company s robust business model, financial stability, and its leading position in Kuwait s Takaful insurance sector. On this achievement, Ibrahim Abdullah Al-Khuzam, CEO of Boubyan Takaful, expressed his pride, stating: "We are delighted to receive this prestigious rating from Fitch, which underscores our dedication to innovation and our commitment to providing top-quality, Sharia compliant insurance services and solutions. This recognition reaffirms our ongoing efforts to achieve the highest standards of performance, transparency, and customer satisfaction

At Boubyan Takaful Insurance Company, we issue our financial statements at the end of each fiscal year, providing a comprehensive overview of our financial performance and cash flows throughout the year. These reports serve as an essential resource for our shareholders and stakeholders, reinforcing our unwavering commitment to transparency, accountability, and the principles of sound corporate governance.