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Wethaq Takaful Insurance Co KCSP
City Tower, Ground, 11th and 12th Floor
Khaled Bin Al Waleed Street
Phone: +965 1866662p:+965 1866662 SAFAT, 13004  Kuwait Ticker: WETHAQWETHAQ
Business Summary
Wethaq Takaful Insurance Co KCSP (Wethaq) is a Kuwait-based shareholding company engaged in the provision of co-operative insurance and reinsurance products and services in accordance with the Islamic Sharia. The Company's insurance products and services include clients wise, motors, fire and property, construction and engineering, liabilities, health and life, financial, and marine and aviation insurance. Wethaq can own, sell and purchase real estate and other financial instruments. The Company's subsidiary is Wethaq Takaful Insurance Company Egypt, which is involved in insurance and reinsurance activities. The Company’s major shareholder include Investment Dar and subsidiaries and Gulf Investment House.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
----Yes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
6331 Fire, marine, and casualty insurance
6361 Title insurance
6311 Life insurance

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Abdulrahman KhalifaAl-Shayji 1/1/2021 1/1/2021
Chief Executive Officer Fawaz SaadEl Mazroui 1/1/2021
Deputy Chief Executive Officer Al-SadiqAhmad Mohammed Al-Tawali 1/1/2019
10 additional Officers and Directors records available in full report.

Business Names
Business Name
WETHAQ
Wethaq Takaful Insurance Co KSCC
Wethaq Takaful Insurance Co.
Wethaq Takaful Insurance Co. K.S.C. (Closed)

General Information
Number of Employees: 64 (As of 12/31/2004)
Outstanding Shares: 109,804,500 (As of 12/31/2023)
Stock Exchange: KUW
Fax Number: +965 22491280


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Friday, April 19, 2024