Stock WETHAQ WETHAQ TAKAFUL INSURANCE COMPANY K.S.C.P.
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Company Wethaq Takaful Insurance Company K.S.C.P.

Equities

WETHAQ

KW0EQ0301626

Multiline Insurance & Brokers

End-of-day quote Kuwait S.E.
Other stock markets
 03:30:00 28/04/2024 am IST 		5-day change 1st Jan Change
0.0374 KWD -2.60% Intraday chart for Wethaq Takaful Insurance Company K.S.C.P. +1.08% +55.83%
31/03 Wethaq Takaful Insurance Company K.S.C.P. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 Wethaq Takaful Insurance Company K.S.C.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI

Business Summary

Wethaq Takaful Insurance Co KCSP (Wethaq) is a Kuwait-based shareholding company engaged in the provision of co-operative insurance and reinsurance products and services in accordance with the Islamic Sharia. The Company's insurance products and services include clients wise, motors, fire and property, construction and engineering, liabilities, health and life, financial, and marine and aviation insurance. Wethaq can own, sell and purchase real estate and other financial instruments. The Company's subsidiary is Wethaq Takaful Insurance Company Egypt, which is involved in insurance and reinsurance activities. The Company's major shareholder include Investment Dar and subsidiaries and Gulf Investment House.

Sales per Business

KWD in Million2021Weight2022Weight Delta
General Accident
83.5 %
1 88.1 % 1 83.5 % -27.07%
Marine and Aviation
5.9 %
0 4.7 % 0 5.9 % -3.36%
Life
5.6 %
0 3.1 % 0 5.6 % +37.56%
Fire
5.1 %
0 4.1 % 0 5.1 % -6.19%

Sales per region

KWD in Million2021Weight2022Weight Delta
Kuwait
100.0 %
0 100.0 % 0 100.0 % -59.58%

Managers

Managers TitleAgeSince
Fawaz Saad Abdullah Al-Mazrouei CEO
 Chief Executive Officer - -
Ali Sayed Ahmed Ali DFI
 Director of Finance/CFO - -
Huzefa Akhter CTO
 Chief Tech/Sci/R&D Officer - -
Mohammad Ahmad Taher CTO
 Chief Tech/Sci/R&D Officer - -
Othman Khaled Al Ghais ADM
 Chief Administrative Officer - -
Mahmoud Mohammad Al-Sayed LAW
 General Counsel - -
Ayman Mustafa Al-Tahan SAM
 Sales & Marketing - -
Al-Sadiq Ahmed Mohammed Al-Tawali PRN
 Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Khaled Al-Mathkour SHA
 Shariah Board Member - -
Abdul Aziz Khalifa Al Qassar SHA
 Shariah Board Member - -
Essa Zaki Essa Abu Shakra SHA
 Shariah Board Member - -
Ibrahim Abbas Othman Al-Sukhi CHM
 Chairman - -
Mubarak Abdul Rahman Al-Quoud BRD
 Director/Board Member - -
Bassam Saleh Almosallam BRD
 Director/Board Member - -
Nasser Al-Enezi CHM
 Chairman - -
Hossam Mohamed Ammar BRD
 Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 110,250,000 33,224,850 ( 30.14 %) 445,500 ( 0.4041 %) 30.14 %

Company contact information

Wethaq Takaful Insurance Co. KCSC

City Tower Khalid Bin Al-Waleed Street

13004, Kuwait City

+

http://www.wethaq.com
address Wethaq Takaful Insurance Company K.S.C.P.(WETHAQ)

Sector

Financials
Insurance
Insurance
Multiline Insurance & Brokers
Islamic Insurance

Sales per Business

Sector Islamic Insurance

1st Jan change Capi.
WETHAQ TAKAFUL INSURANCE COMPANY K.S.C.P. Stock Wethaq Takaful Insurance Company K.S.C.P.
+55.83% 13.69M
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+8.35% 333M
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FIRST TAKAFUL INSURANCE COMPANY - KPSC Stock First Takaful Insurance Company - KPSC
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Islamic Insurance
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