Welcome to Boubyan Takaful - Home of sharia compliant insurance
Boubyan Takaful
Boubyan Takaful

About Boubyan Takaful

Boubyan Takaful Insurance Company was established in 2006, as one of Kuwait's new generation of Takaful Providers with an authorized paid-up capital of KD 10.320.009 million. The company provides a wide range of General Takaful, Family Takaful, and Medical Takaful plans to corporate and individual clients.

Boubyan Takaful Insurance Company offers its products and services in many distribution channels to reach the largest segment of customers in Kuwait. The company also sets high standards for customer service through the latest technology methods while preserving the privacy of each customer.

Vision, Mission And Values

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.

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 provide our customers with innovative and inspiring Shariah-compliant Takaful solutions to enhance our shareholders’ investments by achieving the best operational results while creating the best work environment for our human resources.

Our Values

  • Aspiration to provide the best service first time
  • Offering our customers with the best service within a professional and friendly environment and provide accurate information promptly.
  • Carefully consider our clients comments to improve the quality of customer service.
  • 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 as an organization has developed dramatically since its inception. In light of growing competition, the next phase of development has begun.

Initiative to develop risk framework, comply fully with Shariah principles, improve customer service and meet or exceed customer needs and expectations is something that we believe should be deeply rooted in corporate culture as well as lead the market to offer the best opportunities for the protection and security of our communities.

The vision of the shareholders, the management and the employees to be recognized as the leading and trusted Takaful provider of choice is well on the way to fruition.

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

Abdul-Salam Mohammed Al-Saleh
Chairman

CEO Message

Dear Valued Visitors,

Boubyan Takaful Insurance Company established as the first insurance company belonging to the Islamic Boubyan bank in 2006. Boubyan Takaful Insurance Company was established to provide integrated and innovative insurance solutions in the areas of Takaful insurance plans which includes General Takaful Insurance (fire, theft, general accident, marine insurance and motor insurance) and family Takaful insurance products (group and medical insurance).

The Boubyan Takaful Insurance is proud to operate through several principles, the most important one is to provide customers with excellent services whither they are considered as individuals or companies by dealing in professional and efficient manner and provide them with the most important and finest Insurance products and services that meet their requirements and to develop them in order to fit all customer segmentations in one hand, and market requirement in the other hand, thus new opportunities will created in future.

In addition the concerted efforts, dedication and diligence by employees motivated them to achieve the vision and mission of Boubyan Takaful Insurance company to expand the scope of work and implement the development plan in all insurance products and insurance services through the creation of a suitable environment for the work and formulate and implement effective policies to support the understanding and meeting the needs of customers and society as a whole and creates the opportunity to compete in the insurance field.

Ebrahim Abdullah Al Khuzam
CEO

Board of Directors

Abdul-Salam Mohammed Al-Saleh

Abdul-Salam Mohammed Al-Saleh

Chairman

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 in Financial Control and Corporate Banking. His last position was the...

Bader Al Hashel

Bader Al Hashel

Vice Chairman

Dr. Alhashel is a Board Member at Boubyan Takaful and an associate professor of finance at Kuwait University. Dr. Alhashel has various consulting experience with leading financial institutions such as Boubyan Bank and Kuwait Finance...

Fahad Almudhaf

Fahad Almudhaf

Board Member

Dr. Fahad Almudhaf is an Associate Professor of Finance at Kuwait University and an Independent Board Member at Boubyan Takaful. He holds a Ph.D. in Finance from the University of Texas at Arlington and an...

Meshal Al-Saleh

Meshal Al-Saleh

Board Member

Meshal Al-Saleh is the Vice President of the Asset Management Sector and Head of Fixed Income Department at Wafra International Investment Company. He has over 13 years of experience in the banking and investment sectors....

Abdullah Al Mejhem

Abdullah Al Mejhem

Board Member

Mr. Al-Mejhem joined Boubyan Bank in 2021 and has more than 20 years of experience in banking sector and financial institutions. Prior to joining Boubyan, he was the General Manager of Private Banking and Individual...

Mutlaq AlQemlas

Mutlaq AlQemlas

Board Member

Mutlaq Al-Qemlas is a seasoned banking professional with over 20 years of experience. Currently the Head of Private Banking at Boubyan Bank, he blends technical expertise from his bachelor’s degree of petroleum engineering background with...

Ali Yousef Alansari

Ali Yousef Alansari

Board Member

Mr. Ali joined Boubyan back in 2012 and has over 24 years of experience in banking sector started in Kuwait finance house, following his graduation with a bachelor’s degree from Kuwait University. At Boubyan, he...

Shariah Committee

Sheikh Dr. Abdul Aziz Khalifa Al-Qasar

Sheikh Dr. Abdul Aziz Khalifa Al-Qasar

Chairman

Sheikh Dr. Esam Khalaf Al-Enezi

Sheikh Dr. Esam Khalaf Al-Enezi

Member

Sheikh Fawaz Mishari Al-Kulaib

Sheikh Fawaz Mishari Al-Kulaib

Member

Executive Management

Ebrahim Abdallah AlKhuzam

Ebrahim Abdallah AlKhuzam

Chief Executive Officer

Mohammad Al Beeshi

Mohammad Al Beeshi

Deputy Chief Executive Officer

Essam Hashish

Essam Hashish

Chief Financial Officer

Sherif Kholafa

Sherif Kholafa

Chief Claims Officer

Ahmed Mohamed Elgendy

Ahmed Mohamed Elgendy

Acting Chief Underwriting Officer

About Us – Boubyan Takaful