SABB Takaful Email Format
Insurance51-200 Employees
SABB Takaful is a Saudi joint stock company operating in the insurance sector. It was authorized by Royal Decree M/60 dated 9 October 2006 and operates under Commercial Registration 1010234032 dated 6 June 2007. The company has a fully paid-up capital of SAR 340 million and is incorporated in the Kingdom of Saudi Arabia. It is an associate company of SABB and HSBC, with 32.5% owned by SABB, 32.5% owned by subsidiaries of the HSBC Group, and the remaining shares held by the public via an initial public offering; it is listed on Tadawul. The business employs between 51 and 200 people and, in governance news, appointed Fahad Abdullah Abalkhail as a non-executive board member for a term ending June 12, 2025.