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Al Rajhi Takaful
Al Rajhi Takaful was established as a cooperative insurance provider focused on Saudi Arabia. Abdallah Sulaiman Al Rajhi serves as chairman while family...
Al Rajhi Takaful
Al Rajhi Takaful was established as a cooperative insurance provider focused on Saudi Arabia. Abdallah Sulaiman Al Rajhi serves as chairman while family members Saud Abdullah Al Rajhi and Naif Abdullah Al Rajhi hold vice-chairman and board seats. The firm deploys capital into Shariah-compliant equities, Sukuk and real estate. Confirmed holdings include the Unit Holders' Fund valued at 352.71 million SAR and a joint-venture stake in Jeddah Legacy Real Estate Development Company. Geographic activity remains limited to Saudi Arabia with additional exposure through the listed parent structure. Al Rajhi Takaful lists 2.7 billion USD in equity market capitalization. It maintains memberships in the Insurance Authority of Saudi Arabia and SOCPA. Recent activity includes sponsorship of the Patient Experience Excellence Congress in Dammam in January 2025. The firm operates as a publicly listed insurance entity with direct ownership ties to Al Rajhi Bank rather than a pure family-office vehicle.
General information
Firm type
Insurance
Year founded
2008
Location
Region
Middle East
Country
Saudi Arabia
City
Riyadh
Corporate office
3485 – Ath Thumamah Road, Ar Rabie Dist. Unit No. 25
Principals
Abdallah Sulaiman Al Rajhi
Chairman of the Board
Saud Abdullah Al Rajhi
Vice-Chairman of the Board
Naif Abdullah Al Rajhi
Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at Al Rajhi Takaful?
Abdallah Sulaiman Al Rajhi serves as chairman. The board includes Saud Abdullah Al Rajhi as vice-chairman and Naif Abdullah Al Rajhi as member.
Does Al Rajhi Takaful participate in fund commitments or only direct deals?
The firm holds direct positions in Shariah-compliant equities, Sukuk and real estate assets. It maintains a joint venture in Jeddah Legacy Real Estate Development Company.
Where does the underlying wealth come from?
Al Rajhi Takaful is a listed insurance company. Al Rajhi Bank holds a 35 percent stake.
What investment stages does Al Rajhi Takaful typically target?
The firm focuses on income-generating assets that support insurance liabilities, including listed equities and real estate in Saudi Arabia.
How is Al Rajhi Takaful related to Al Rajhi Bank?
Al Rajhi Bank holds a 35 percent stake and acts as major shareholder and banking partner.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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