Salaam Family Takaful

Salaam Family Takaful Limited is a direct digital carrier offering Shariah-compliant life insurance (Family Takaful) products in Pakistan. Licensed by the Securities and Exchange Commission of Pakistan (SECP) for fully electronic mode policies, it operates as Pakistan's first digital-only life insurance carrier. The company is a subsidiary of Salaam Takaful Limited, Pakistan's largest general Takaful operator.

The company's platform supports end-to-end electronic policy issuance and management. All products follow Islamic Takaful principles, with 100% allocation of policyholder contributions to individual accounts and breakeven from day one. The platform integrates with partners such as JazzCash and Dubai Islamic Bank Pakistan to enable embedded distribution through existing digital financial ecosystems.

In its first quarter of operations ended December 31, 2024, the company generated PKR 300 million (approximately USD 1.08 million) in revenues. It operates as a private subsidiary without external venture funding, drawing on Salaam Takaful Limited's capital base and Islamic banking partnerships.