Solidarity Takaful is a Saudi joint stock company established in accordance with Royal Decree No. M/17 dated 20/03/1430H (16/03/2009) with a fully paid-up capital of SR.250 million.
The head office of the company is based in Riyadh with main regional customer branches operating in Riyadh, Jeddah and Khobar.
The company offers a range of the highest quality Insurance products that are designed to meet the stringent provisions of Islamic Law (Shariah). Coverage is available for all the major lines of business such as Medical, Motor Vehicle, Property, Marine, Engineering, General Accident, Liability and Group Life Insurance.
To become a leading Insurance Company in the Kingdom of Saudi Arabia by providing the highest international insurance standards.
To provide individuals and businesses with a range of Shariah compliant Insurance solutions for managing risk and professional services.
Solidarity Takaful seeks to upgrade the insurance business in Saudi Arabia based on its Islamic foundation principles and full acknowledgement of the vital role of insurance in supporting the national economy of Saudi Arabia. This will be achieved by: