Methaq Takaful Insurance PSC (METHAQ: ADX) is a United Arab Emirates-based insurance company, incorporated on March 11, 2008. The company offers a wide range of insurance and reinsurance products and services that adhere to Islamic Sharia principles. Methaq’s commitment to providing ethical and reliable insurance solutions has helped it establish a solid reputation in the UAE’s growing insurance market, catering to both individuals and businesses.
Methaq Takaful operates in two main business segments: Underwriting of General Takaful Business and Investments. The Underwriting of General Takaful Business includes all classes of general takaful, such as accidents and civil responsibility insurance, fire insurance, marine insurance, motor insurance, general accident coverage, and medical insurance. Additionally, the company provides specialized insurance solutions for high-risk sectors, including land, marine, and air transportation dangers insurance, and comprehensive coverage for onshore and offshore oil and gas fields and facilities.
The Investments segment is responsible for managing the company’s investment portfolio, which includes investments in UAE marketable equity securities, term deposits with banks, overseas managed portfolios, and other securities. This segment plays a critical role in generating returns for the company, ensuring its financial strength and ability to meet its obligations while continuing to offer competitive and Sharia-compliant insurance solutions.
Methaq Takaful Insurance PSC operates through its head office in Abu Dhabi and has branch offices in Dubai, ensuring its products and services are accessible to clients across the UAE. The company’s strategic presence in key locations helps it effectively serve a diverse clientele, ranging from individuals seeking personal coverage to large businesses and corporate clients requiring specialized insurance products.
Operating within the Insurance sector, Methaq Takaful is committed to providing comprehensive, ethical, and customer-centric insurance solutions that align with the principles of Islamic finance, further contributing to the UAE’s financial and insurance sector growth.
For corporate inquiries, investment opportunities, or partnership discussions, Methaq Takaful Insurance PSC’s head office is located at:
Building Number: C54 Opposite Al Fara’a Co Tower, 13, Delma Street Behind Judicial Court, P.O. Box 32774, Abu Dhabi, United Arab Emirates.
