Solidarity Saudi Takaful Co. is a Saudi joint stock company with a capital of 250 million SAR. It was established by the Council of Ministers Resolution No. 83 dated 19/03/1430 A.H. corresponding to 15/03/2009 A.D. and Royal Decree No. M/17 dated 20/03/1430 A.H. corresponding to 16/03/2009 A.D.
Headquartered in Riyadh, the Company has branches in Riyadh, Jeddah, and AlKhobar.
Solidarity Saudi Takaful offers its customers a range of solutions that meet their Sharia-compliant insurance needs in the areas of general accidents, vehicle insurance, property insurance, marine insurance, engineering insurance, medical insurance, and group protection insurance.
Solidarity Saudi Takaful Co. seeks to improve the insurance business in the Kingdom through the Islamic foundations and principles that it arose from and through its understating of the role of the insurance industry in supporting the national economy through: