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Wethaq Takaful Insurance Company (K P S C) (Kuwait)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Wethaq Takaful Insurance Company (K P S C) Profile Updated: February 06, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Wethaq Insurance company is a Kuwaiti closed shareholding company headquartered in Safat in Kuwait. It was incorporated in 2000, and its shares have been listed on the Kuwait stock exchange in 2004. The company is the first national Takaful company in Kuwait engage in providing Takaful insurance services compliant with the Islamic Sharia. Wethaq provides the following insurance services - car insurance, property insurance, engineering insurance, marine insurance, life insurance, health insurance, etc.

Legal Address
Sharq, Khalid Bin Al-Waleed St,City Tower, 11 & 12 & Ground Floors,P.O Box 371
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13004

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Website: http://www.wethaq.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
2000
Key Executives
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Member of Sharia Board
Ownership Details
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69.46%
Subsidiaries
Wethaq Real Estate Investment Company – WLL (Egypt)
99.4%
Wared Rent a Car Company – KSC (Closed)
93.32%
Company Performance
Financial values in the chart are available after Wethaq Takaful Insurance Company (K P S C) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
2.62%
Investments
0.48%
Receivables
3.96%
Total equity
2.43%
Return on Equity (ROE)
N/A

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