Bangladesh · South Asia · class T

Takaful / Islamic insurance companies in Bangladesh

15 licensed takaful / Islamic insurers, 18% of the 82 insurance entities supervised by the Insurance Development and Regulatory Authority. Sharia-compliant risk-sharing operators (takaful, participation and retakaful).

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Islami Insurance BD
Registered as Islami Insurance Bangladesh Limited
TTakaful / IslamicIslamiDomestic privateIDRAVerified—
Takaful Islami InsuranceTTakaful / IslamicTakafulDomestic privateIDRAVerified—
Islami Commercial Insurance PLC
Ownership not researched. Class T from the name (Islamic/takaful operation); the register category is only "Non-life insurer".
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Mercantile Islami Insurance PLC
Ownership not researched. Class T from the name (Islamic/takaful operation); the register category is only "Non-life insurer".
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Northern Islami Insurance PLC
Ownership not researched. Class T from the name (Islamic/takaful operation); the register category is only "Non-life insurer".
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Prime Islami Insurance PLC
Formerly Prime Insurance Company Limited (row 686), re-registered as an Islamic Sharia-based non-life insurer on 18 Feb 2026; group carried over from that row.
TTakaful / IslamicPrimeDomestic privateIDRAVerified—
Akij Takaful Life Insurance PLC
Ownership not researched. Register name is in Bengali; English rendering follows the spelling in IDRA's own English life-insurer lists (Chairman/CEO pages) where it appears there. Class T from the name (Islamic/takaful operation); the register category is only "Life insurer".; Registered as আকিজ তাকাফুল লাইফ ইন্স্যুরেন্স পিএলসি
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Alpha Islami Life Insurance PLC
Ownership not researched. Register name is in Bengali; English rendering follows the spelling in IDRA's own English life-insurer lists (Chairman/CEO pages) where it appears there. Class T from the name (Islamic/takaful operation); the register category is only "Life insurer".; Registered as আলফা ইসলামী লাইফ ইনস্যুরেন্স পিএলসি
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
NRB Islamic Life Insurance PLC
Ownership not researched. Register name is in Bengali; English rendering follows the spelling in IDRA's own English life-insurer lists (Chairman/CEO pages) where it appears there. Class T from the name (Islamic/takaful operation); the register category is only "Life insurer".; Registered as এনআরবি ইসলামিক লাইফ ইন্স্যুরেন্স পিএলসি
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Trust Islami Life Insurance PLC
Ownership not researched. Register name is in Bengali; English rendering follows the spelling in IDRA's own English life-insurer lists (Chairman/CEO pages) where it appears there. Class T from the name (Islamic/takaful operation); the register category is only "Life insurer".; Registered as ট্রাস্ট ইসলামী লাইফ ইনসিওরেন্স পিএলসি
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Padma Islami Life Insurance Ltd
Ownership not researched. Register name is in Bengali; English rendering follows the spelling in IDRA's own English life-insurer lists (Chairman/CEO pages) where it appears there. Class T from the name (Islamic/takaful operation); the register category is only "Life insurer".; Registered as পদ্মা ইসলামী লাইফ ইনসিওরেন্স লিঃ
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Protective Islami Life Insurance Limited
Ownership not researched. Register name is in Bengali; English rendering follows the spelling in IDRA's own English life-insurer lists (Chairman/CEO pages) where it appears there. Class T from the name (Islamic/takaful operation); the register category is only "Life insurer".; Registered as প্রোটেক্টিভ ইসলামী লাইফ ইন্স্যু্রেন্স লিমিটেড
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Bengal Islami Life Insurance Limited
Ownership not researched. Register name is in Bengali; English rendering follows the spelling in IDRA's own English life-insurer lists (Chairman/CEO pages) where it appears there. Class T from the name (Islamic/takaful operation); the register category is only "Life insurer".; Registered as বেঙ্গল ইসলামি লাইফ ইন্স্যুরেন্স লিমিটেড
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Mercantile Islami Life Insurance Limited
Ownership not researched. Register name is in Bengali; English rendering follows the spelling in IDRA's own English life-insurer lists (Chairman/CEO pages) where it appears there. Class T from the name (Islamic/takaful operation); the register category is only "Life insurer".; Registered as মার্কেন্টাইল ইসলামী লাইফ ইন্স্যুরেন্স লিমিটেড
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—
Swadesh Islami Life Insurance Company Limited
Ownership not researched. Register name is in Bengali; English rendering follows the spelling in IDRA's own English life-insurer lists (Chairman/CEO pages) where it appears there. Class T from the name (Islamic/takaful operation); the register category is only "Life insurer".; Registered as স্বদেশ ইসলামী লাইফ ইন্স্যুরেন্স কোম্পানী লিমিটেড
TTakaful / IslamicParent not named in registerDomestic privateIDRAVerified—

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 Bangladesh

How many takaful / Islamic insurers are licensed in Bangladesh?

15 of the 82 licensed insurance entities this directory lists in Bangladesh are classified as takaful / islamic (18%). Verified against the regulator register.

Who regulates takaful / Islamic insurers in Bangladesh?

Insurance Development and Regulatory Authority (IDRA). Regime: Insurance Act 2010; IDRA Act 2010. Official website: https://idra.org.bd.

Who owns the takaful / Islamic insurers in Bangladesh?

All 15 licensed takaful / Islamic insurers in Bangladesh are domestic private companies, as recorded in the register.

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