Algeria: Alliance Assurances starts takaful window operations

Source: Middle East Insurance Review | Jul 2026

Listed insurer Alliance Assurances has started a takaful insurance window called “Alliance Takaful” to support Islamic finance development and the public authorities’ goal of promoting an inclusive financial industry.

The initiative is part of Alliance’s diversification strategy, reported Algeria Press Service, citing a statement released by the company.

Alliance’s takaful offerings target three customer categories:

Individuals: who can benefit from products covering automobiles, homes, and family assets
Professionals, retailers, tradespeople, and small businesses: who have access to solutions tailored to protecting their activities
Companies which can obtain coverage in areas such as vehicle fleet, civil liability, and industrial risks. M

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