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First Takaful Insurance Company KPSC
Al-Enma'a Tower
Abdullah Al-Mubarak Street
Phone: +965 1880055p:+965 1880055 KUWAIT CITY, 13058  Kuwait Ticker: FTIFTI
Business Summary
First Takaful Insurance Company KPSC is a Kuwait-based company which is primarily engaged in carrying out all types of insurance takaful activities (co-operative insurance) and related activities, including insurance and reinsurance, in accordance with Islamic Sharia principles. The Company offers its products and services mainly through two segments, namely Investment and Takaful insurance. Its insurance policies cover motor, marine and aviation, fire and general accident, and life and medical insurance. The Company also provides insurance and reinsurance consultancy and technical studies to companies involved in similar activities. The Company has investment in the associates, namely Weqaya Takaful Insurance Company SSC and First Financial Holding Company - WLL.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
6331 Fire, marine, and casualty insurance
6311 Life insurance
6324 Hospital and medical service plans

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Abdullah Abdul RazzaqAl Asfour 4/16/2019
Executive Vice Chairman of the Board, Chief Executive Officer Hussein Ali MohammedAl Attal 1/1/2020 1/1/2007
Vice President - Finance and Administration, Secretary of the Board Malek S.Oraiqat 1/1/2022 3/16/2014
4 additional Officers and Directors records available in full report.

Business Names
Business Name
First Takaful Insurance Company
First Takaful Insurance Company KSCC
FTI

General Information
Number of Employees: 74 (As of 12/31/2005)
Outstanding Shares: 106,600,000 (As of 9/30/2024)
Stock Exchange: KUW
Fax Number: +965 22444599


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Monday, December 2, 2024