Algeria · North Africa · class T

Takaful / Islamic insurance companies in Algeria

2 licensed takaful / Islamic insurers, 8% of the 25 insurance entities supervised by the Commission de Supervision des Assurances (Ministry of Finance). Sharia-compliant risk-sharing operators (takaful, participation and retakaful).

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
El Djazair Takaful (Algerian General Takaful)
Created 30 May 2022; agreed by arrete of 30 May 2022 under decret executif 21-81 to practise general takaful exclusively (ev/algeria/arretes/ALGERIAN-GENERAL-TAKAFUL.pdf, Journal Officiel 47 of 11 July 2022). Ownership not researched.
TTakaful / IslamicParent not named in registerDomestic privateCSAVerified—
El-Djazair El-Moutahida de Takaful Familial
Created 21 Sep 2022; agreed by arrete of 25 July 2022 under decret executif 21-81 to practise family takaful exclusively (ev/algeria/arretes/El-Djazair-El-Moutahida-de-Takaful-Familial.pdf, Journal Officiel 62 of 21 Sep 2022). Ownership not researched.
TTakaful / IslamicParent not named in registerDomestic privateCSAVerified—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About takaful / Islamic insurers in Algeria

How many takaful / Islamic insurers are licensed in Algeria?

2 of the 25 licensed insurance entities this directory lists in Algeria are classified as takaful / islamic (8%). Verified against the regulator register.

Who regulates takaful / Islamic insurers in Algeria?

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

Who owns the takaful / Islamic insurers in Algeria?

All 2 licensed takaful / Islamic insurers in Algeria are domestic private companies, as recorded in the register.

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