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Al Khaleej Takaful Insurance Company Q.P.S.C. (Qatar)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Al Khaleej Takaful Insurance Company Q.P.S.C. Profile Updated: March 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Al Khaleej Takaful Group QSC, formerly Al Khaleej Takaful Insurance & Reinsurance Company QSC, is a Qatar-based public shareholding company engaged in the business of insurance, reinsurance, life insurance (Takaful) and real estate investment activities. The Company is organized into five business segments: Marine and Aviation, Fire, General Accident, Motor, and Life Insurance. In 2011, the Company is wholly owned subsidiaries included Qatar Takaful Company (QTC), which is engaged in the provision of activities in accordance with Islamic Sharia principles on a non-usury basis in all areas of insurance, and Methaq Holding Company (MHC), which is engaged in real estate investments.

Headquarters
Grand Hamad Street, P.O Box 4555
Doha; Doha;

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Website: http://www.alkhaleej.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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Incorporation Date:
1978
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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5%
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4.7%
Subsidiaries
Mithaq Investments Company W.L.L
100%
Company Performance
Financial values in the chart are available after Al Khaleej Takaful Insurance Company Q.P.S.C. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency QAR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
14.71%
Operating profit (EBIT)
17.02%
Net Profit (Loss) for the Period
17.02%
Total assets
5.24%
Investments
0.2%
Receivables
-18.37%
Total equity
6.12%
Net Premiums Earned Trend
-4.88%
Net Profit Trend
-11.76%
Return on Equity (ROE)
0.89%
Loss Ratio
-3.96%
Underwriting Expenses Ratio
-6.87%

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