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t'azur at a glance

 

t’azur Takaful Insurance Company is the new name in Takaful. t’azurTakaful was established in the year 2007 by a group of prominent business houses with authorized capital of K.D 5,000,000 and paid up capital of KD 5,000,000 as the first Takaful insurance operator with regional perspectives.

 

t’azur Takaful is committed to develop sharia compliant products and services that offer policyholders exceptional value and that are custom made to suit their wants and needs. These products and services must stand the test of strong corporate governance to build trust in the regional market place.

t’azur Takaful has put together an outstanding management team with impeccable credentials and as we carry on building our legacy, we will continue to offer product and service flexibility along with leading edge technology that is second to none.

t’azur Takaful Insurance Company was incorporated in accordance with Kuwaiti Commercial Companies Law and carries out its operations in compliance with rules and regulations issued by the Ministry of Commerce & Industry.

Vision

Working to grow, growing to lead.

Our vision is to become a leading Takaful insurance operator to individuals, groups and businesses, consistent with sharia principles and internationally accepted Takaful practices.

Mission

Our mission is to fulfill a pioneering role in becoming a regional takaful group with global aspirations. Through organic growth, strategic acquisitions and partnerships, t’azur Takaful will create unique market reach, the t’azur Takaful name becoming synonymous with takaful leadership, innovation and customer service of the highest standard.

Values

Our values are rooted in the cooperative principles that form the basis of the Takaful concept – mutual support and sharing of resources – backed by operational practices that embody strength, flexibility and friendliness.

Board of Directors

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Dr. Ahmed Saleh Al Dehailan

CHAIRMAN

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Mr. Hamed Ahmad Mohammad Al Awadhi

Vice Chairman

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Mr. Abdullah Abdulaziz Al Wehaib

BOARD MEMBER

Chairman's Message

 

Innovation and customer services stand more than ever at the heart of our fast developing economy, and are especially evident in the Takaful industry where changes in regulatory frameworks and advances in technology are constantly opening new opportunities.

Takaful is based on the principles of mutual co-operation and solidarity against unpredicted risks or catastrophes, in which all parties involved, are expected to contribute genuinely.

t’azur Takaful Insurance Company, was founded to further develop the Takaful principles and practices in the way of providing a comprehensive range of innovative products and services and delivering quality customer services.

Our core values focus on providing shariah compliant insurance solutions, reliability, and performance, building & maintaining long-term relationships and delivering results that exceed the expectations of all our stakeholders.

This will be achieved by an empowered professional management team, leading a highly trained and rewarded staff while operating in a customer focused and result oriented environment.

Best Regards,
Chairman

Shariyah Review Bureau

 

Shariyah Review Bureau (SRB) is the Corporate World’s leading Shari’a Advisor with scholarly presence in more than 12 countries from US, Europe, Africa, GCC and Asia. The breadth of geographical reach crossing national boundaries makes it one of few Shari’a consultancy bodies that can meet clients’ true international business requirements.

SRB provides professional Shari’a Advisory and Shari’a Audit services to public and private businesses, including commercial and corporate debt, Sukuks and Islamic equity markets, initial public offerings screening & Investment Banking Practice, energy firms and information providers. It serves multiple sectors of the financial industry with clients from Hong Kong, US, UK, Canada, France, Switzerland and the GCC. In Saudi Arabia alone it holds the market share of more than 26% of Saudi Investment Companies licensed by the CMA and +23% of the Co-operative Insurance Firms Listed on the stock-exchange market. It’s service offerings span a broad set of complementary disciplines that include product certification, consultation, Shari’a Audit and equity screening.

To learn more visit www.shariyah.com

Shareholders

 

Tazur Insurance Co. Bahrain

Dimah Capital

 

Management

 

  • Top Management

  • CEO Samer F. Al Hamra
  • Executive Secretary Nagham Tayseer Al Bunnai
  • Finance

  • Chief Financial Officer Raja Srinivasan
  • Information Technology

  • IT Manager Sami Merchant
  • Human Resources(HR) & Legal

  • Manager/Administrative & Legal Affairs Mujahed Labeeb Abu Qamar
  • Sales & Marketing

  • General Manager /Marketing and Sales Musab R.Barakat
  • Manager-Sales and Marketing Development Ihab Abou Shakra
  • Manager - Public relations and Customer service Dalal S.Al-Harbi
  • Manager-Business Development Mishal M. Al-Misnad
  • Reinsurance

  • Manager /Reinsurance  Dana Ayman Shoukauir
  • Fire & General Accident

  • Deputy Manager-Fire and General Accident Department Ramy Khalid Adwan
  • Medical & Group Takaful

  • Medical and Group Takaful DepartmentMohammed Al-zain
  • Motor

  • Deputy Manager-Motor Department Yacub Mustafa

Message From CEO

 

In the name of Allah

The Takaful concept has been established on solid values of synergy and cooperation to face the potential risk through the real and effective participation in creating effective solution to those risks. We are proud at t’azur that these values represent the main principle in our business under the provision of Islamic Shari’a.

This was confirmed by our prophet Muhammad - peace be upon him - on the principle of Takaful in his Hadeeth and said: “He who reliefs a muslim Allah will relieve him of distress on the Day of Qeyama” (Narrated by Muslim).

One of the main responsibilities of t’azur takaful insurance company to the community and its members is promoting the awareness of insurance products compliant with the provisions of Islamic Shari’a by introducing products and services & innovative insurance solutions that serves the individual and society.

We at t’azur are committed to uphold the values of Takaful in the community through mutual support and sharing of resources as t’azur aims to support the communities and raise the insurance awareness to achieve the true principle of Takaful.

We at t’azur have made the effort to put our vision on track of being leaders in building the company as leading takaful group with international aspirations and we have made the procedures to achieve high professionalism through risk management, strengthening the internal audit control and application of the international standards.

I here assure that we will continue in moving forward to achieve our goals, support our economy, develop our human resources and commit to our values.

Sincerely yours,

At A Glance

t’azur Takaful Insurance Company was incorporated in accordance with Kuwaiti Commercial Companies Law and carries out its operations in compliance with rules and regulations issued by the Ministry of Commerce & Industry.

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