AlDaman Takaful Insurance Company was established in 2017 as a closed joint-stock company specializing in Takaful insurance, with a fully paid capital of KWD 5,000,000 (Five Million Kuwaiti Dinars). The company’s operations focus on providing comprehensive, innovative, and Sharia-compliant insurance solutions, carefully designed to meet the evolving needs of our customers. AlDaman is committed to delivering high-quality services through a wide range of distribution channels, ensuring accessible and reliable insurance services to a broad customer base.

Takaful is an insurance system that operates in accordance with the principles of Islamic Sharia. It is based on the concept of mutual cooperation and solidarity among a group of individuals who participate together in a Takaful program. Through this system, members collectively share responsibility and support one another by contributing to cover the losses that any participant may suffer when exposed to a specific risk. From this perspective, Takaful insurance represents a true embodiment of the concept of mutual cooperation, providing a practical and modern model that reflects the values of solidarity while adapting to the evolving needs and developments of contemporary life .