الاسلامية للتأمين

As a contribution to completing the cycles of the Islamic economy that began with Islamic banks, and with a sincere desire to invest money through legitimate means far from usury, deceit, and ignorance, a group of pioneers of the Islamic economy (Islamic banks, commercial institutions, and individuals) brought together a sincere desire to strengthen the Islamic economy and consolidate its principles as an alternative to other economic systems. Establishing the Yemen Islamic Insurance Company in 2001. The company began its work in early 2002 with a capital of 100,000,000 riyals. In 2006, the company’s capital was raised to 400,000,000 riyals. The company’s capital will be raised in 2014 to five hundred million (500,000,000 riyals). As the company became among the ranks of advanced local companies, and in 2019 AD, the capital was raised to (1,000,000,000 Yemeni riyals) and a building for the company was purchased with all the equipment, at a cost of approximately three million US dollars.