Qatar: Doha Takaful to become a listed provider
Source: Middle East Insurance Review | Apr 2025
Doha Insurance Group (DIG), the parent company of Doha Takaful Company, has announced that it plans to transform the takaful unit from a limited liability company wholly owned by the group to a private joint stock company.
The restructuring is in preparation for turning the takaful operator into a public shareholding company.
The announcement was made at the recent DIG ordinary general assembly, during which the group also announced that the Qatar Central Bank had given its approval to change the name of Doha Takaful Company to ‘Doha Islamic Insurance – Shamel’. The new name will be adopted after the necessary legal steps are completed, including publication of the name change in the official gazette.
Doha Takaful Company was founded as a standalone takaful provider in 2018; it was originally established as the Islamic branch of DIG in 2006. M