Company Methaq Takaful Insurance

Equities

METHAQ

AEM000201016

Multiline Insurance & Brokers

Market Closed - Abu Dhabi Securities Exchange 06:55:00 2023-06-15 EDT 5-day change 1st Jan Change
0.645 AED +2.22% Intraday chart for Methaq Takaful Insurance -.--% -.--%

Business Summary

Methaq Takaful Insurance Company PSC (Methaq) is a United Arab Emirates-based company that offers insurance and reinsurance products and services in accordance with Islamic sharia principles. The Company’s principal activities include accidents and civil responsibility insurance, fire insurance, land, marine and air transportation dangers insurance, reinsurance, health insurance and onshore and offshore oil and gas fields and facilities services. For operating purposes, the Company is organized into two business segments: Underwriting of general takaful business, which includes all classes of general takaful , fire, marine, motor, general accident and medical; and Investments, which include investments in United Arab Emirates marketable equity securities, term deposits with banks, overseas managed portfolios and other securities. The Company operates through its head office in Abu Dhabi and branch offices in Dubai.

Sales per Business

AED in Million2021Weight2022Weight Delta
Policy Holders
95.6 %
67 98.9 % 116 95.6 % +72.40%
Shareholders
4.4 %
1 1.1 % 5 4.4 % +583.25%

Sales per region

AED in Million2021Weight2022Weight Delta
United Arab Emirates
100.0 %
68 100.0 % 121 100.0 % +78.20%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO - -
Chief Tech/Sci/R&D Officer - -
Compliance Officer - 22-01-29
Chief Tech/Sci/R&D Officer - 09-11-30
Chief Administrative Officer - 09-07-31
Chief Operating Officer - -
Chief Tech/Sci/R&D Officer - 10-12-20
Director/Board Member - 19-04-13
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Shariah Board Member - -
Director/Board Member - 19-04-13
Director/Board Member - 21-03-28
Director/Board Member - 22-04-23
Director/Board Member - 22-04-28
Director/Board Member - 22-04-28
Director/Board Member - 22-04-23
Director/Board Member - 22-04-28
Shariah Board Member - -
Corporate Secretary - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 150,000,000 87,451,200 ( 58.30 %) 0 58.30 %

Company contact information

Methaq Takaful Insurance Co.

Mezzanine Floor Liwa Tower

, Abu Dhabi

+

http://www.methaq.ae
address Methaq Takaful Insurance(METHAQ)
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