Who We Are
Islami Insurance Bangladesh Limited (IIBL), the first General Insurance (Takaful) Company based on the Islami Shariah was registered and established under the Bangladesh Company Act, 1994 and the Bangladesh Insurance Act, 1938 on 29th December, 1999 to transact all sorts of general Takaful business. The Company started functioning from 1st January, 2000.

Our Vision
Islami Insurance Bangladesh Limited is the country’s first Shariah based non life Islami insurer, operating since 1999. Guided by the core principles of Islamic Shariah, we aim to conduct insurance business that upholds Islamic values and advances an Islamic economic system within Bangladesh’s insurance industry.

Our Mission

• Operate our insurance business on the principles of Islamic Shariah and Mudarabah, sharing profits and losses in a partnership model.

• Encourage the public including traders, importers exporters, and farmers to take out insurance policies, thereby mobilizing funds that can be invested in welfare oriented projects and contribute to economic development.

• Actively foster human resource development and create employment opportunities to promote and expand a comprehensive welfare based insurance system.

• Offer our valued clients maximum protection for their assets, alongside prompt and efficient insurance services, ensuring the highest level of support and satisfaction.

 Our Objectives

• Fully Shariah compliant operations.

• Profit and loss sharing between policyholders and the company.

• Investments confined to interest free sectors.

• Humanitarian aid to the poor and distressed through the Islami Insurance Foundation.

• A management culture that blends God consciousness with professional excellence.