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ALAHLI TAKAFUL COMPANY's Overview

Total employees61
HeadquartersRiyadh
Founded2007

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.

Where is ALAHLI TAKAFUL COMPANY's Headquarters?

HQ Function

Serves as the central hub for strategic decision-making, underwriting, claims processing, customer service, and overall operations management for the merged entity (Arabian Shield).

Notable Features:

Modern office facilities designed to support a leading insurance provider, equipped with advanced technology infrastructure.

Work Culture:

A professional and collaborative environment focused on Islamic finance principles, customer satisfaction, ethical practices, and innovation in Takaful insurance.

HQ Significance:

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.

Values Reflected in HQ: Commitment to Sharia compliance, customer trust, financial prudence, transparency, and operational excellence in the insurance sector.

Location:

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.

Street Address:

King Fahd Road, Al Mohammadiyah District, P.O. Box 59555

City:

Riyadh

State/Province:

Riyadh Province

Country:

Saudi Arabia

ALAHLI TAKAFUL COMPANY's Global Presence

Jeddah, Makkah 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.

Khobar, Eastern Province/Saudi Arabia

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.

Buying Intent Signals for ALAHLI TAKAFUL COMPANY

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of ALAHLI TAKAFUL COMPANY

As of April 2025, ALAHLI TAKAFUL COMPANY' leadership includes:

Mr. Basem Odeh - Chief Executive Officer (Arabian Shield)
Mr. Abdulaziz Alshaya - Chief Financial Officer (Arabian Shield)
Mr. Wasim Al-Halabi - Chief Operating Officer (Arabian Shield)
Mr. Bassam Al Kassaa - Chief Technical Officer - General Takaful (Arabian Shield)

Investors of ALAHLI TAKAFUL COMPANY

ALAHLI TAKAFUL COMPANY has been backed by several prominent investors over the years, including:

Saudi National Bank (SNB) - (Major shareholder pre-merger, likely significant in merged entity)
Public Shareholders (via Tadawul - Saudi Stock Exchange)
Various institutional and individual investors through the stock market

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

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.

Technology (Tech Stack) used by ALAHLI TAKAFUL COMPANY

Discover the tools ALAHLI TAKAFUL COMPANY uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

ALAHLI TAKAFUL COMPANY Email Formats and Examples

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

News and media

ArgaamDecember 19, 2022

Arabian Shield, Alahli Takaful merger becomes effective Dec. 19

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

ZawyaAugust 9, 2022

Saudi Arabia's Arabian Shield, Alahli Takaful shareholders approve merger

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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