Abu Dhabi National Takaful Co. PJSC engages in the provision of insurance solutions for the regional market. This firm operates through the following segments: Underwriting & Investments. Its products include Motor Takaful, Fire Takaful, Marine Cargo Takaful, Marine Hull Takaful, Aviation Takaful, and General Accident Takaful.
About the Owner of Abu Dhabi National Takaful Co. PJSC
Abu Dhabi Islamic Bank was established on 20 May 1997 as a Public Joint Stock Company through the Amiri Decree No. 9 of 1997. The Bank started commercial operations on 11 November 1998.
On 18 April 1999, it was begun by Abdullah Bin Zayed Al Nahyan, UAE Minister of Information and Culture. All the contracts, operations, and transactions are carried out according to Islamic Shari’a principles.
About Abu Dhabi Islamic Bank
|Company Name||Abu Dhabi National Takaful Co. PJSC|
|Official Website||Abu Dhabi National Takaful Co. PJSC|
|Founded||November 16, 2003|
|Products||General Takaful and Family Takaful|
Al Reem Island, Abu Dhabi
United Arab Emirates
Building No.12, 25th Floor, Marina Square, Abu Dhabi, United Arab Emirates
Details of the owner of Abu Dhabi National Takaful Co. PJSC
Khamis M. Khamis Buharoon Al-Shamsi is the chairman of Abu Dhabi National Takaful Co. PJSC. He is a businessperson who has been at the wheel of 11 different companies. Currently, he also occupies the position of Chairman of Etihad Capital PJSC and Chairman of ADIB Securities. He is also on the board of 5 other companies.
In his past career, he held the position of Chairman of the National Development Bank of Egypt, Chairman of Abu Dhabi National Leasing Co., Vice Chairman of Abu Dhabi Islamic Bank, Executive Chairman at Burooj Properties, Chief Executive Officer of Commercial Bank International PSC, and Managing Director at Takamul Real Estate Co., Chief Executive Officer of AG Holding Ltd. Etc.
Details of the Abu Dhabi National Takaful Co. PJSC
Abu Dhabi National Takaful Co. PJSC known as Takaful and was established in 2003 by the Abu Dhabi Islamic Bank and Abu Dhabi Investment Company. It is a powerful player in the UAE takaful market that is based in Abu Dhabi and offers a range of takaful products including motor, property, general accidents, and Marine cargo coverage.
Its shares are traded on the Abu Dhabi Securities Exchange as TKFL. In 2014, it undergoes a review of its wakala fee structure which improved the balance of earnings between the participant and shareholder funds.
The vision is to be the Takaful operator of ‘First Choice’ in the region.
The mission is to achieve profitable & sustainable growth by developing a diversified range of Takaful products & services, delivering quality customer services, and settling claims fairly.
Board of Directors of Abu Dhabi National Takaful Co. PJSC
|Khamis M. Khamis Buharoon Al-Shamsi|
|Khalid Deemas Al-Suwaidi|
|Khalid Ali Ibrahim Jassim Al-Mansoori||Non-executive director|
|Dafer Farouq Luqman||Non-executive director|
|Osama Abdel Raouf Abdeen||Chief Executive Officer|
Abu Dhabi National Takaful Co. PJSC Shareholders List
|Abu Dhabi Islamic Bank PJSC||41,664,200||41.7%|
|Emirate of Abu Dhabi (United Arab Emirates)||26,974,400||27.0%|
|East & West International Group LLC||10,976,500||11.0%|
|Bond Investment Ltd.||5,049,931||5.05%|
- Abu Dhabi National Takaful Co. PJSC Customer care