ReTakaful Arrangements

Our following panel of Re-Takaful Companies offers professional protection to our risk with substantial underwriting capacity. They write business across all lines worldwide and their company's Shariah Supervisory Board regularly reviews the overall activities.

Labuan Re, Malaysia

Labuan Re was incorporated in the International Offshore Financial Centre of Labuan (an island off the south-west coast of Sabah, a state in East Malaysia), on September 14th, 1992. The Company was established as an international reinsurer and has over a short period of time become a major player in the Afro-Asian insurance/reinsurance industry.

Labuan Re provides a range of support services which includes risk assessment and management, market training, reinsurance programming and quotations for treaties and facultative reinsurance.

EmiratesRe, UAE

EmiratesRE operates as a retakaful provider out of the Dubai International Financial Centre (DIFC) and under regulation of the Dubai Financial Services Authority (DFSA).

It is one of the most financially secured retakaful companies in the Middle East & North Africa region and the emerging markets of the Islamic Countries.

Their product offerings include all major lines of business including tailored solutions which are subject to independent supervision by a Shari’a Supervisory Board to ensure they are in accordance with Shari’a principles.

Saudi Re, Saudi Arabia

Saudi Reinsurance Company "Saudi Re" is a Saudi joint stock company, founded in Riyadh in 2008 as the first reinsurance company established in Saudi Arabia. Publicly Joint Stock Company Listed on the Saudi Exchange Market.

The company has strong underwriting expertise in Engineering, Property, Marine, Casualty, Motor, Health, Life, and Retrocession.

Saudi Re has a well-versed Shari’a Board who advises the Board of Directors and the Management on Shari’a compliance matters pertaining to the company’s business transactions with aim to preserve the Cooperative Reinsurance principles throughout Saudi Re’s operations.

Africa Retakaful, Egypt

Africa Retakaful was established in 2010 and commenced operations in September 2010.

It’s a 100% owned subsidiary of Africa Re and was set up to support the needs of the African insurance markets and to extend its services to the Takaful players in the Middle East and Asia.

Africa Retakaful provides a wide range of shari’a compliant Retakaful products.