Takaful Emarat

General information

Takaful Emarat was founded in March 2008. The capital of Takaful Emarat is AED 150 million. The Head office is located in Dubai. The company is listed at Dubai Financial Market under the trading symbol ‘Takaful-Em’.

OUR VISION
To become an international leader of Takaful Insurance in GCC, Middle East, North Africa and other Islamic countries.

OUR MISSION
To manage participants financial security with full compliance of Shariah.
To gain trust and confidence by providing value added products and services backed by international expertise.
To act fairly and transparently in the best interest of participants.

OUR OBJECTIVES
To promote the concept of Takaful as a genuine shariah compliant alternate to Insurance.
To design & promote Takaful products based on emerging needs and modern approach.
To achieve the best financial results for participants and shareholders.
To expand Takaful Emarat regionally and globally.

ABOUT TAKAFUL INSURANCE
Takaful Emarat PSC, is one of the leading Shariah -Compliant Life and Health Takaful Provider in UAE. Takaful Emarat market a wide range of life and health Takaful products including protection, savings and investments plans through variety of distribution channels. Takaful Emarat is also one of the two Takaful providers approved by Dubai Health Authority to provide Basic Mandatory Health Insurance in the Emirate of Dubai.".

CONCEPTUAL FRAMEWORK OF TAKAFUL

The concept of Takaful is established on following principles:
The participants co-operate among themselves for their common good;
Every participant pays his contribution in order to assist those who need assistance;
Takaful contract represents donation agreement which is intended to divide losses and spread liability according to the community pooling system;
The element of uncertainty is eliminated insofar as contribution and compensation are defined;
It does not aim at deriving advantage at the cost of other individuals.