Digitizing Life & Savings
Insurance in Saudi Arabia
Waada is expected to operate as a licensed Insurance Agency and Third-Party Administrator (TPA), subject to final commercial approval from the Saudi Insurance Authority (IA).
Following approval, Waada will partner with licensed insurance companies to offer Shariah-compliant Life & Savings solutions in the Kingdom.
100% Shariah Compliant
Our Products
Our product portfolio reflects our vision to offer comprehensive, Shariah-compliant Life & Savings solutions — each subject to final approval by the Saudi Insurance Authority (IA).
What we do
Upon receiving final commercial approval from the Saudi Insurance Authority (IA), Waada plans to operate as a licensed Insurance Agency and Third-Party Administrator (TPA) for Shariah-compliant protection and savings solutions.
Waada intends to collaborate with licensed insurance companies to issue policies, while providing technology-enabled onboarding, administration, and claims support.
How to Buy
Waada makes insurance easy, transparent, and accessible. Choose how you’d like to get started:
Point-of-Sale Partner
(POSP)
Connect with a trained, IFCE-certified Waada POSP near you. Policies can be issued instantly through our digital POS platform.
Digital Partners
(Coming Soon)
You’ll soon be able to explore and purchase our Protection & Savings plans directly through the apps and platforms of our digital partners.
Authorized Partners
(Coming Soon)
Get protected through approved partner locations using Waada’s POSP technology — bringing Shariah-compliant Life & Savings plans closer to your community.
Your Life with Waada Takaful?
Waada brings affordable, transparent, and fully digital protection to individuals, families, and businesses — all aligned with the principles of Takaful and the regulations of the Saudi Insurance Authority.
Secure your
Family
Protect your loved ones with Life & Accident Takaful — guaranteed lump-sum support and peace of mind in life’s most unexpected moments.
Instant Takaful
Coverage
Get protected in minutes through our digital onboarding platform. 100% Shariah-compliant, simple, and approved by leading Islamic scholars.
Grow your
Savings
Our Protection & Savings Plan helps you build long-term wealth while staying protected — with flexible contributions and Shariah-compliant investments.
Strengthen your
Business
Group Life Takaful ensures your team and employees are covered — demonstrating leadership, responsibility, and care for your people.
Fully Digital,
Always Human
Smart tech for seamless service — backed by real people when you need them most.
