First Takaful Insurance Company was established on July 2000 as the first company in Kuwait to offer Islamic Takaful insurance services. The Company is considered a pillar in Islamic Sharia Insurance services in Kuwait. It is also a major contributor to the Islamic Economic Concept in Kuwait.
Several renowned Islamic Financial Institutions in Kuwait contributed to the establishment of the Company, among which were Kuwait Finance House, International Financial Advisors(IFA), International Finance Company, as well as various financial institutions and companies. The board of Directors is well-experienced working with a team of specialized and devoted personnel with considerable expertise in the domain of insurance.
Following its considerable success, First Takaful Company became the first insurance Company in Kuwait to be listed in the Kuwait Stock Exchange in 2004.