privateOnline Signup

Al Rajhi Takaful

72Score

★★★☆☆3.8

Customer satisfaction · 500K members

Sharia-compliant Takaful insurance(2025)

Al Rajhi Takaful is a fully Sharia-compliant Takaful insurance company, part of the Al Rajhi Group (one of the world's largest Islamic banks). It offers flexible health plans for both Saudi nationals and expatriates, with both retail and group health insurance programs, all CHI-compliant and SAMA-licensed.

Overall Score

72/100

Founded

2010

Headquarters

Riyadh

Type

private

Get a Free Quote→

No obligation. Compare personalized rates.

Key Metrics

Model

Fully Sharia-compliant Takaful

Parent Group

Al Rajhi Group

Chi Compliant

Yes

Sama Licensed

Yes

Editorial Ratings

Sharia-compliant Takaful insurance(2025)

Rating: Growing Takaful provider; Al Rajhi Group backing (max: Market leader)

72Mordor

Coverage Highlights

✓Fully Sharia-compliant Takaful insurance model
✓Part of Al Rajhi Group (one of world's largest Islamic banks)
✓Flexible health plans for Saudis and expats
✓Both retail and group health insurance programs
✓CHI-compliant and SAMA-licensed

Pros

✓Sharia-compliant (important for religious consumers)
✓Strong Al Rajhi Bank brand trust and distribution
✓Flexible individual and group plans
✓Growing market presence

Cons

✗Younger company (est. 2010) with shorter track record
✗Smaller than Bupa/Tawuniya/MedGulf
✗Limited publicly available financial ratings

Frequently Asked Questions

What is Takaful insurance?

Takaful is a Sharia-compliant cooperative insurance model where participants pool contributions to guarantee each other against loss. Al Rajhi Takaful operates on this fully Islamic insurance principle.

Is Al Rajhi Takaful connected to Al Rajhi Bank?

Yes. Al Rajhi Takaful is part of the Al Rajhi Group, which includes Al Rajhi Bank — one of the world's largest Islamic banks — providing strong brand trust and distribution capabilities.

Does Al Rajhi Takaful cover expats?

Yes. Al Rajhi Takaful offers flexible health plans for both Saudi nationals and expatriates, including both individual retail plans and group corporate plans, all CHI-compliant.

Quick Summary

InsurerAl Rajhi Takaful

Country🇸🇦 Saudi Arabia

Overall Score72/100

Satisfaction3.8/5

Members500K

Typeprivate

Founded2010

Other Insurers in Saudi Arabia

Bupa Arabia

private

/ 100

Tawuniya (The Company for Cooperative Insurance)

private

/ 100

Gulf Insurance Group (formerly AXA Cooperative)

private

/ 100

MedGulf (Mediterranean and Gulf Cooperative Insurance)

private

/ 100

Ready to get covered?

Get a personalized quote from Al Rajhi Takaful today.

Get Free Quote→