Dar Al Takaful and Watania complete merger to form one of the leading national Takaful (Islamic Insurance) providers in the UAE

Our strategic merger with National Takaful Company (Watania) PJSC is a win-win for both our customers and our shareholders.

We now have access to a pool of award-winning products, seasoned Takaful specialists, industry-admired management, and efficient digital systems.

We now serve our customers in further enhanced manner ensuring their satisfaction and happiness.

By adding to the efficiency of our systems, we now have more streamlined and effective processes in place.

With the strengthening of our team, products, and systems, we look forward to becoming more lucrative for our investors and shareholders.

Profits for the company during H1 2020 increased by 387% to reach AED 5.5 million, compared to AED 1.13 million in H1 2019. The General Assembly approved the resignation of four members of the Board of Directors and elected replacements to complete the term of independent members ending in 2021.

One major achievement this year came in July 2020, when Dar Al Takaful completed the acquisition of Noor Takaful General and Noor Takaful Family, merging them under the brand name of “Noor Takaful”. This will enable the company to offer a comprehensive portfolio of Islamic insurance products to its customers.

TAKAFUL POWERHOUSE

Our strategic acquisition of Noor Takaful is a win-win for both our customers and our shareholders.

We now have access to a pool of award-winning products, seasoned Takaful specialists, industry-admired management, and efficient digital systems.

We now serve our customers in further enhanced manner ensuring their satisfaction and happiness.

By adding to the efficiency of our systems, we now have more streamlined and effective processes in place.

We recently paid first-ever dividends to our investors. With the strengthening of our team, products, and systems, we look forward to becoming more lucrative for our investors and shareholders.

Profits for the company during H1 2020 increased by 387% to reach AED 5.5 million, compared to AED 1.13 million in H1 2019. The General Assembly approved the resignation of four members of the Board of Directors and elected replacements to complete the term of independent members ending in 2021.

One major achievement this year came in July 2020, when Dar Al Takaful completed the acquisition of Noor Takaful General and Noor Takaful Family, merging them under the brand name of “Noor Takaful”. This will enable the company to offer a comprehensive portfolio of Islamic insurance products to its customers.