Palestine: Takaful company launches IPO

Source: Middle East Insurance Review | Sep 2026

Holy Land Takaful Insurance has launched an initial public offering (IPO), to expand community participation in the company.

Subscriptions to the IPO took place from 2 to 25 August 2026 through all branches of the Islamic Bank of Palestine and the Arab Islamic Bank, reported Watan News Agency.

The number of shares offered is 1,817,500 with the price set at the nominal value of $1 per share.

The company has a strong financial position, with capital of $15m and the highest solvency margin for the second year in a row. At the end of 2025, its solvency margin was 229%.

Holy Land Takaful received regulatory approval in August 2023 to operate as a takaful provider in the Palestinian market with an authorised capital of $15m. It is one of 10 insurers in Palestine and one of four Islamic insurers. M

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