Digitizing Life & Savings
Insurance in Saudi Arabia
Waada is a Managing General Agent (MGA), pending final commercial approval from the Saudi Insurance Authority (IA), transforming how individuals and businesses in the Kingdom access Life & Savings plans.
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
Waada is Saudi Arabia’s first fully digital Life & Savings MGA.
We will design, distribute, and underwrite Shariah-compliant protection and savings plans under the regulatory oversight of the Saudi Insurance Authority (IA).
We partner with licensed insurers (e.g. MedGulf) to issue policies, while our technology and team handles:
- -Customer onboarding, underwriting, and instant policy issuance
- -Distribution through certified agents and digital partners
- -Policy management, claims, and all customer service
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.
