Mr.Ahmed M. Sabbagh Bio

Mr.Ahmed M. Sabbagh Bio

Ahmed M. Sabbagh is an Islamic Takaful Insurance expert. He has enjoyed a long career in Insurance Industry for more than 45 years. He established the Islamic Insurance concept in Jordan and participated in establishing the Islamic Insurance Company in 1996, where he served as a General Manager since inception till his retirement lately 2019.

Mr. Sabbagh also has an extensive experience in insurance industry for more than 50 years in Saudi Arabia, and currently he is holding the position of  Member of the Board of Directors as well as a member of both the Technical and the Nomination & Remuneration Committees at Saudi-Re – Riyadh.

Ahmed M. Sabbagh has many authors about Takaful Islamic Insurance. His professional experience has given him a broad base from which to approach many topics. His authors focus on the impact of integrating the Takaful concept in the Islamic Economic circle. Also he focused on the Islamic insurance companies governance and management. He has been an active lecturer and produced about 60 lectures worldwide. He is an accredited lecturer at Lloyd’s of London and at The General Arab Insurance Federation.

He has been honored with the Golden Medal of Merit for two times in the field of Wise Management from Tatweej Academy.

Through his career Mr. Ahmed Sabbagh held many distinctive positions

Chairman of the International Federation of Takaful and Islamic Insurance Companies for two periods (four consecutive years).
Vice-Chairman of the International Federation of Takaful and Islamic Insurance Companies .
Board Member & Chairman of the Auditing Committee at Saudi Reinsurance Co. ( Saudi Re ) [Saudi Arabia – Riyadh ).
Vice Chairman of the Jordan Insurance Federation (two periods) .
Member of the Board of Trustees of the Arab Insurance Institute.

Professional Experience

  • Board Member & General Manager of The Islamic Insurance Co. ‎Plc. of Jordan since ‎‎1996

    ‎Jordan

  • Founder of Islamic Insurance in Jordan

    Jordan

  • Helped in building the statute of Islamic Insurance Companies in ‎cooperation with Jordanian Insurance Commission

    Jordan

  • Chairman of the International Federation of Takaful and Islamic ‎Insurance Companies for two periods (2011-2014)

    Sudan

  • Vice-Chairman of International Federation of Takaful and Islamic ‎Insurance Companies - Present

  • Board Member & member of Technical and NRC Committees at ‎Saudi Reinsurance Co. ( Saudi Re ) Saudi Arabia – Riyadh

    Riyadh

  • Chairman of the Saudi Insurance Federation for 20 years (1974-1993)

    Saudi Arabia

  • Vice-Chairman for the Jordan Insurance Federation for two ‎sessions

    Jordan

  • Governor at the International Insurance Society (IIS) / U.S.A

    U.S.A

  • Local and International lecturer of various Insurance topics

  • Accredited lecturer at Lloyd’s of London and at ‎The General Arab Insurance Federation

    London / Cairo- Egypt

  • Member of the Board of Trustees of the Arab Insurance Institute ‎‎(A.I.I)

    A.I.I

  • General Manager for several Insurance Companies in Saudi ‎Arabia

    Saudi ‎Arabia

  • Multi-national experience for more than 45 years in different ‎insurance fields (Conventional & Islamic Takaful)‎

    AlKhobar - Saudi Arabia

  • Board Member of the General Council for Islamic Banks and Financial Institutions (CIBAFI)- for three sessions.

    Bahrain

  • Delivered more than 50 lectures worldwide‎

    lectures

Authorship & Publications‎

Authorship & Publications‎

  • The Islamic Insurance ‎

    Theory & Practice ‎

  • Islamic Insurance ‎

    Jurisprudents Study shows the mechanism and the practices of ‎Cooperative Insurance ‎

  • Islamic Takaful Insurance ‎

    From Jurisprudents To Applications in both Arabic & English

  • First Islamic Finance Encyclopedia & Directory

    Volume 5 of the First Islamic Finance Encyclopedia & Directory ‎in Arabic entitled: ‎‏ التأمين التكافلي : منهج جديد في الاقتصاد الإسلامي )‏‎) .

  • Takaful Insurance Directory (Theoretical & Practical Guide) ‎

    as a training syllabus for the Islamic Research and Training ‎Institute “IRTI” which is subsidiary to the Islamic Development ‎Bank / Jeddah

  • Wrap Up Knowledge ‎

    Wrap Up Knowledge and Expertise in Takaful Insurance ‎Industry- 2019 ‎

Rewarding

Received the Best Insurance Man in Jordan Insurance Market by Jordanian Business Association – 30 Years Of Success