Takaful Islami Insurance PLC

Takaful Islami Insurance Limited, established in 2001, is a leading insurance company operating on the basis of Islamic Shariah in the private sector. The company was sponsored by a group of businessmen who had previously launched an Islamic bank in the private sector. The sponsors include individuals from diverse backgrounds such as shipping, healthcare, engineering, banking, and the garment industry. Commencing operations in 2001 with an initial paid-up capital of Tk. 6.00 crore and an authorized capital of Tk. 20.00 crore, Takaful Islami Insurance Limited has made significant strides in the insurance market. Over the years, the company has become a member of the capital markets by issuing public shares. As of now, the authorized capital stands at Tk. 100.00 crore, with a paid-up capital of Tk. 34.37 crore. Within a brief span of 14 years, Takaful Islami Insurance Limited has gained a reputable position in the insurance market as one of the leading service providers. The company engages in insuring various traditional lines of non-life insurance businesses, including but not limited to fire and allied risks, flood, cyclone, earthquake, burglary, riot, machinery breakdown, loss of profit, motor insurance, travel medical insurance, and personal accident coverage. The comprehensive range of services offered reflects the company's commitment to meeting the diverse insurance needs of its clients while adhering to Islamic principles.