Algeria · North Africa · class T

Takaful / Islamic insurance companies in Algeria

1 licensed takaful / islamic insurers, 5% of the 22 insurance entities supervised by the Commission de Supervision des Assurances (Ministry of Finance). Sharia-compliant risk-sharing operators (takaful and retakaful).

CompanyClassParent / groupOwnershipRegulatorVerification
Salama Assurances AlgerieTTakaful / IslamicSalama (UAE)Foreign multinationalCSAUnverified

About takaful / islamic insurers in Algeria

How many takaful / islamic insurers are licensed in Algeria?

1 of the 22 licensed insurance entities in Algeria are classified as takaful / islamic (5%), according to the CSA register as reflected in this directory (not verified in this pass).

Who regulates takaful / islamic insurers in Algeria?

Commission de Supervision des Assurances (Ministry of Finance) (CSA), under Ordonnance 95-07; life/non-life separation.

Are the takaful / islamic insurers in Algeria locally or foreign owned?

1 of 1 belong to pan-African or foreign multinational groups (including Salama (UAE)), 0 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/algeria.json (filter byclass = "takaful-islamic"). Licence CC BY 4.0, attribute KAFS North America.