Methaq Takaful Insurance PSC (METHAQ: ADX) is a United Arab Emirates-based insurance company that offers a wide range of insurance and reinsurance products and services, all in compliance with Islamic Sharia principles. Established on March 11, 2008, Methaq is committed to providing ethical and reliable insurance solutions across various sectors. The company’s activities span accidents and civil responsibility insurance, fire insurance, marine insurance, land, marine and air transportation risks, reinsurance, health insurance, and specialized services for onshore and offshore oil and gas fields and facilities.
Methaq operates through two main business segments: Underwriting of General Takaful Business and Investments. The Underwriting of General Takaful Business segment includes all classes of general takaful products, such as fire, marine, motor, general accident, and medical insurance. This segment ensures that both individual and corporate clients have access to comprehensive, Sharia-compliant coverage that meets a wide range of personal and business needs.
The Investments segment focuses on managing the company’s investment portfolio, including marketable equity securities in the UAE, term deposits with banks, overseas managed portfolios, and other securities. This segment aims to enhance the company’s financial strength, enabling it to maintain a stable and sustainable operations model while ensuring long-term value creation for stakeholders.
With a strong presence in the Insurance sector, Methaq Takaful Insurance PSC is dedicated to providing high-quality services that adhere to Sharia principles. The company operates through its head office in Abu Dhabi and branch offices in Dubai, ensuring it can effectively serve a broad range of clients across the UAE.
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, United Arab Emirates.
