Methaq Takaful Insurance Company has offered zakat money of Dh 3 million to the UAE Red Crescent Authority (RCA). Mr. Abdullah Al-Maamari, Managing Director, Methaq Takaful, presented the cheque to HE Ahmed Humaid Al Mazrouie, , Chairman of the RCA’s Board of Directors, at the RCAs’ headquarters in Abu Dhabi today, in presence of HE Mohammed Khalifa Al Qemzi, RCA…

Abu Dhabi – Methaq Takaful Insurance Company announced that it has finalized the electronic link between its online platform and the Abu Dhabi E-Traffic services and Dubai’s Roads & Traffic Authority (RTA). The new online system will allow direct contact with the traffic departments and instant updating of the customer’s data before issuing the insurance policy By the end of…

Union National Bank signed a memorandum of understanding with Methaq Takaful Insurance Company that will provide customers with various convenient options for motor insurance. “This MOU is within UNB’s strategy to provide a wide range of financial solutions to the customers and a reaffirmation of its core value of being ‘the bank that cares.’ The introduction of this service complements…

Board of Directors reviews new opportunities for Shariah-compliant insurance packages Methaq Takaful Insurance Company has approved a revised corporate governance structure and internal control systems in accordance with the requirements of the UAE Securities and Commodities Authority (SCA) during Methaq’s most recent Board of Directors meeting last week in Abu Dhabi. By implementing its decisions along three tiers—governance structure, operations…

Insurance program comes in recognition of SMEs invaluable role in spurring economic activity and the risks involved in such endeavors Methaq Takaful Insurance Company will now offer customers in the UAE the first ever SME Takaful Package, catered specifically to the growing demand for SME business options in the country. The insurance package is already Shariah approved and authorized by…

Policy program to cover two Yahsat satellites planned for civilian and military missions beginning later this year Methaq Takaful Insurance Company has put together the world’s first Space Takaful Program to cover the launch of two Yahsat satellites in collaboration with ELSECO and Yahsat Satellite Communications Company. The first of the two satellites will be launched in mid-2010 by an…