Holy Land Takaful Insurance Company has launched agricultural insurance services.
The insurer’s general manager, Dr Ahmed Mshasha, said that the insurance products are a palm tree insurance policy; livestock insurance policy, which includes insurance policies for cows, calves, and sheep; and a poultry insurance policy.
The insurer also signed a cooperation agreement with the Ministry of Agriculture. Under this agreement, the two sides will cooperate to develop new insurance products that align with the goals of the Ministry.
The launch ceremony for the three types of agricultural insurance took place in September 2025 before the Palestinian Capital Market Authority, represented by its chairman Mr Ammar Al-Aker, and the Federation of Palestinian Insurance Companies, represented by its chairman, Mr Anwar Al-Shanti.
Mr Al-Aker called on insurance companies to innovate and offer insurance products that meet the needs of the Palestinian market. On his part, Mr Al-Shant commended Holy Land Takaful Insurance for creating innovative solutions that meet the actual needs of the Palestinian market by launching three insurance products targeting sectors with high investment in the agricultural sector.
Minister of Agriculture Professor Rizk Salimia, pointed out that the introduction of specialised insurance products covering cows, sheep, poultry, dates, field crops, and others, constitutes a pivotal step towards providing a protective umbrella for farmers and enhancing their resilience in the face of challenges.
He said that institutionalising cooperation with insurance companies and the private sector constitutes a fundamental pillar for advancing the agricultural sector. M