Al Hilal Life was originally established in 2009 as a joint venture insurance company between Legal & General Group Plc and Ahli United Bank with a vision to be the first choice for protection and savings in the Middle East. During October 2015, Legal and General Group Plc sold its 50% stake in Al Hilal Life BSC to Ahli United Bank BSC (AUB) who now holds 100% of Al Hilal Life’s shares. Al Hilal Takaful is a wholly owned subsidiary of Al Hilal Life, and focuses on Family Takaful. Al Hilal Life is licensed by the Central Bank of Bahrain as a locally Incorporated Life Insurance Firm.