ع
Bayt Al-Mashura Financial Consultancy reported that Qatar’s takaful insurance companies generated a collective net profit of QR335mn in 2025, marking a 2.7 per cent rise from the prior year. The consultancy’s annual Islamic finance review highlighted varied performances across operators, with Qatar Islamic Insurance achieving an 18.8 per cent profit increase to QR153mn. Finance companies operating in the Islamic sector saw earnings climb 13 per cent over the same period, adding to the momentum in non-banking Islamic financial services.
The Bayt Al-Mashura assessment found that takaful contributions expanded 4.1 per cent to QR2bn during 2025, supported by growth in family, health, fire and motor segments. Total assets for these takaful providers rose 5.9 per cent to QR4.7bn by year-end, according to the same report. Insurance surpluses stood at QR22.5mn for Qatar Islamic Insurance, QR11.8mn for Beema and QR10.2mn for Al Khaleej Takaful, with Doha Islamic Insurance recording a smaller QR78,000 surplus.
Bayt Al-Mashura data placed the five-year compound annual growth rate for takaful sector profits at 11.1 per cent through 2025, reflecting consistent demand for Sharia-compliant coverage. The report noted that the broader Islamic finance industry in Qatar saw total assets increase 5.3 per cent to QR718.5bn, with Islamic banks holding an 87.8 per cent share of that total. Takaful operators accounted for 0.7 per cent of overall Islamic finance assets, the consultancy figures show.
Separate analysis by BADRI Consultancy on listed insurance firms indicated that takaful operators outperformed conventional peers in profitability growth for 2025, achieving a 40 per cent advance compared with 17 per cent for conventional insurers. Revenue growth for takaful entities reached 9 per cent, slightly ahead of the 8 per cent recorded by conventional companies, according to the BADRI year-end review. These trends align with the Bayt Al-Mashura findings on the takaful segment’s contribution to Islamic finance expansion.
Qatar Islamic Insurance Company reported its own full-year net profit attributable to shareholders at QR153mn for 2025, up from QR128mn a year earlier, in statements filed with the Qatar Stock Exchange. Beema, another leading takaful provider, posted a 12.9 per cent rise in shareholders’ net profit to QR95.6mn, driven by increases across core business lines including family takaful contributions that grew to QR296.2mn. The Central Bank of Qatar has continued to support sector development through regulatory enhancements aimed at digital insurance frameworks.
Bayt Al-Mashura projected sustained growth in the takaful segment as demand for compliant financial products rises in line with Qatar’s economic diversification. The consultancy report emphasised that the sector’s resilience stems from disciplined underwriting and investment returns that bolstered policyholder and shareholder funds alike. Industry assets under management across related entities remained stable near QR18.6bn at the end of 2025, per supplementary filings from major operators.
