About Abu Dhabi National Takaful
Abu Dhabi National Takaful Company is an Islamic insurance company based in Abu Dhabi. It was founded in 2003 and is listed on the Abu Dhabi Securities Exchange.
Takaful is the Islamic alternative to conventional insurance. Members contribute to a pooled fund that is used to help those who suffer losses, and the takaful operator manages the fund for a fee. This structure avoids interest and excessive uncertainty, which conflict with Islamic principles.
The company offers general takaful, such as motor, property, engineering, marine and medical cover, along with family takaful, which works similarly to life insurance.
Its customers include individuals, businesses and government-related entities that prefer Sharia-compliant insurance.
Takaful has grown in the UAE alongside Islamic banking, giving customers a full range of Islamic financial products.
The Central Bank of the UAE regulates takaful companies, and each must have a Sharia supervisory board that reviews its products and operations.
Startups UAE lists Abu Dhabi National Takaful among the UAE's takaful providers.
Takaful is the Islamic alternative to conventional insurance. Members contribute to a pooled fund that is used to help those who suffer losses, and the takaful operator manages the fund for a fee. This structure avoids interest and excessive uncertainty, which conflict with Islamic principles.
The company offers general takaful, such as motor, property, engineering, marine and medical cover, along with family takaful, which works similarly to life insurance.
Its customers include individuals, businesses and government-related entities that prefer Sharia-compliant insurance.
Takaful has grown in the UAE alongside Islamic banking, giving customers a full range of Islamic financial products.
The Central Bank of the UAE regulates takaful companies, and each must have a Sharia supervisory board that reviews its products and operations.
Startups UAE lists Abu Dhabi National Takaful among the UAE's takaful providers.