Sabb Takaful Co. was a Saudi Arabian joint-stock company established in 2007 that specialized in providing a range of Takaful (Sharia-compliant) insurance products, including protection and savings plans for individuals and groups. The company was a joint venture between SABB (The Saudi British Bank) and HSBC. In a significant move within the Saudi insurance sector, Sabb Takaful Co. completed a merger with Walaa Cooperative Insurance Company in late 2020. Following the merger, Sabb Takaful's operations were absorbed, its stock was delisted from the Saudi Stock Exchange (Tadawul), and the combined entity now operates under the name Walaa Cooperative Insurance Company.

Founded in

Saudi Arabia