Profile: FTI | First Takaful Insurance Company

KUWAIT STOCK EXCHANGE (KSE)Trading Hours: Sun - Thu 9:00 am-12:30 pm

First Takaful Insurance Company FTI
FTI 28.15%
Insurance 0.53%
KSE 0.66%
Last Value
% Change
Price in KW Fils Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
Symbol FTI
Exchange Kuwait
Sector Insurance
Auditors Grant Thornton
UHY Fawzia Mubarak Al-Hassawi
Company Description

First Takaful Insurance Company (FTI) offers Islamic Takaful insurance services according to Islamic Laws. The company started its operation in the insurance sector with a capital of KD 10 million contributed by many of the largest Islamic institutions in Kuwait including Kuwait Finance House, International inventor Co., International Murabaha Co., and the international investment Group.

Company Activities

The company undertakes all types of insurance and re-insurance activities as well as provides insurance and re-insurance consultancy services and technical studies, in addition to investing the contributed funds from policyholders.

Equity Profile
Date Established Jul 25, 2000
Listing Date Dec 12, 2004
Paid-up Capital (KW Fils) 10,000,000
Outstanding Shares 100,000,000
Shares Per Value 0.100
Contact Information

Alenma'a Tower, Abdullah Al Mubarak St., P.O Box: 5713, Safat, Kuwait.

+965 188 0055

+965 2244 4599



Company History

First Takaful Insurance Company is a closed Kuwaiti shareholding company incorporated on July 25, 2000 and is registered under the Insurance Companies and Agents Law No. 24 of 1961 and its subsequent amendments.

Board Members & Senior Management
Mr. Hussain Ali Al-Attal Chairman & Managing Director
Mr. Saleh Saleh Al-Selmi Deputy Chairman
Mr. Ahmad Mohammad Ahmad Al-Khaled Board of Directors
Mr. Osama Abdullatif Al-Abdul Jaleel Board of Directors
Mr. Rami Khaled Abdullah Ali Board of Directors
Mr. Sa'ad Abdul Aziz Al-Wazan Board of Directors
Mr. Saud Sulaiman Al-Moeely Board of Directors
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