What is the ruling on subscribing to Al-Jazeera Takaful shares?

The permissibility of subscribing to shares in companies depends on the company's activity. We are unaware of the regulations of the aforementioned company, but for the purchase of its shares to be permissible, its activity must be permissible, and it must not place shareholders' funds in interest-bearing banks. Some specialists have issued fatwas (religious edicts) permitting subscription in it, including Dr. Saad Al-Khathlan, who stated that the company does not borrow with interest (riba), that its insurance is permissible cooperative insurance, and that it has Sharia oversight.