Alahli Takaful Company (ATC) was a Saudi Arabian joint stock company providing Sharia-compliant Takaful (cooperative insurance) products and services, including protection and savings solutions. In 2022, Alahli Takaful Company completed a statutory merger with Arabian Shield Cooperative Insurance Company, with Arabian Shield being the merging company and Alahli Takaful Company being the merged company. The merged entity now operates under the Arabian Shield name, continuing to offer a comprehensive range of Takaful insurance solutions in the Kingdom of Saudi Arabia. The legacy of Alahli Takaful is now integrated into Arabian Shield's broader operations.
Serves as the central hub for strategic decision-making, underwriting, claims processing, customer service, and overall operations management for the merged entity (Arabian Shield).
Modern office facilities designed to support a leading insurance provider, equipped with advanced technology infrastructure.
A professional and collaborative environment focused on Islamic finance principles, customer satisfaction, ethical practices, and innovation in Takaful insurance.
The headquarters represents the consolidated strength of the merged entities, serving as the operational core for providing a wide array of Takaful insurance products to individuals and businesses across Saudi Arabia.
Alahli Takaful Company, now operating as part of Arabian Shield Cooperative Insurance Company, is primarily focused on the Kingdom of Saudi Arabia. Its operations, including underwriting, claims, customer service, and product distribution, are concentrated within Saudi Arabia, serving local individual and corporate clients with Sharia-compliant insurance solutions. While it may engage with international reinsurers, its direct operational footprint is domestic.
King Fahd Road, Al Mohammadiyah District, P.O. Box 59555
Riyadh
Riyadh Province
Saudi Arabia
Address: Falasteen Street, Al Hamra District, P.O. Box 10041, Jeddah 21433 (Representative example for Arabian Shield branches)
To serve the insurance needs of the significant commercial and residential population in Jeddah and surrounding areas, offering accessible local support.
Address: King Faisal Road, Al Khobar Al Shamalia, P.O. Box 31606, Al Khobar 31952 (Representative example for Arabian Shield branches)
To cater to the diverse insurance requirements of businesses and individuals in the oil-rich Eastern Province, facilitating local access to Takaful solutions.
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As of April 2025, ALAHLI TAKAFUL COMPANY' leadership includes:
ALAHLI TAKAFUL COMPANY has been backed by several prominent investors over the years, including:
Following the merger integration of Alahli Takaful into Arabian Shield, leadership roles were consolidated. Specific executive movements in the last 12 months are subject to official company disclosures. The current leadership reflects the post-merger structure.
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Post-merger, email communications for Alahli Takaful Company matters would be handled through Arabian Shield Cooperative Insurance Company's email system. Common corporate email formats include first initial and last name, or first name dot last name.
[first_initial][lastname]@arabianshield.com or [firstname].[lastname]@arabianshield.com
Format
b.odeh@arabianshield.com
Example
80%
Success rate
Argaam • December 19, 2022
Arabian Shield Cooperative Insurance Co. and Alahli Takaful Co. announced that the creditor objection period expired on Dec. 16, with no objections received from the creditors of Alahli Takaful. Accordingly, the merger between the two companies became effective as of Dec. 19, 2022. Alahli Takaful shares were delisted, and Arabian Shield will issue new shares to eligible Alahli Takaful shareholders....more
Zawya • August 9, 2022
Shareholders of Arabian Shield Cooperative Insurance Co. and AlAhli Takaful Co. have approved the proposed merger between the two Saudi-listed insurers. The merger will be carried out by Arabian Shield issuing 0.71 new shares for every one share of Alahli Takaful....more
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