Takaful insurance is the application of the principle of participation and interdependence in Islamic law, where it is not based on the principle of profit as a basis but based on the principle of interdependence, which is the participation of a group of persons (ordinary or legal) real stakeholders of the insurance (holders of documents) in the distribution of damages arising from the range of potential risks together. Through compensation that is spent on the proceeds of their subscription (insurance subscription) instead of each individual bearing the damage done on its own, the company is considered as the director of this fund of the companies on a merit-based basis in terms of risk study and compensation.
The KIB Takaful Insurance company was established as a Kuwaiti insurance company closed in 2004 with authorized capital of KD 10 million.
The work at The KIB Takaful Insurance company is about providing comprehensive, innovative and sharia-compliant insurance services by studying customer needs and the local market, and working to provide the best services across multiple distribution channels serving customers on a large scale.
Company Details
- Employees
- 13
- Founded
- -
- Address
- Kuwait, Kuwait,15300,kuwait
- Industry
- Insurance
- NAICS
-
Insurance Carriers and Related ActivitiesAgencies, Brokerages, and Other Insurance Related Activities
- Website
- https://www.kibtakaful.com/
- HQ
- kuwait
- Competitors
- Ilaf Takaful Insurance Company, Al Ahleia Insurance Company, BurganTakaful, GIG Takaful, Boubyan Takaful Insurance Company - بوبيان للتأمين التكافلي, KIB, Kuwait Insurance Company - شركة الكويت للتأمين, Warba Insurance and Reinsurance Company K.S.C.P, Kuwait International Takaful Insurance, KFH Takaful.
Kib Takaful Questions
Kib Takaful's website is https://www.kibtakaful.com/
Kib Takaful's LinkedIn profile is https://kw.linkedin.com/company/kib-takaful-2856971b6
Kib Takaful has
13 employees.
View email and phone details for 13
employees at Kib Takaful.
Kib Takaful's industry is
Insurance
Kib Takaful's top competitors are
Ilaf Takaful Insurance Company,
Al Ahleia Insurance Company,
Burgantakaful,
Gig Takaful,
Boubyan Takaful Insurance Company - بوبيان للتأمين التكافلي,
Kib,
Kuwait Insurance Company - شركة الكويت للتأمين,
Warba Insurance And Reinsurance Company K.s.c.p,
Kuwait International Takaful Insurance,
Kfh Takaful.
Kib Takaful's categories are Insurance
Kib Takaful's founding year is 2004
