Watania International Holding PJSC (‘WIH’ or the ‘Company’, formerly known as Dar Al Takaful PJSC) is a listed entity trading on the Dubai Financial Market under the ticker WATANIA (previously DARALTAKAFUL). The Company obtained its commercial license on 23 July 2008 and commenced operations on 1 September 2008.
In 2020 Dar Al Takaful acquired Noor Takaful and in July 2022, the National Takaful Company (Watania) merged with Dar Al Takaful to create one of the largest Takaful entities in the UAE. In March 2023, the name of the holding company, Dar Al Takaful, was changed to Watania International Holding PJSC and its insurance license was cancelled as it became an investment holding company that aims to expand its footprint through Shari’ah compliant investments in the Takaful and Takaful services sector.
Watania International Holding is the sole shareholder of two operating companies: Watania Takaful General (previously Noor Takaful General PJSC) and Watania Takaful Family (previously Noor Takaful Family PJSC). Together, they create one of the leading Takaful providers in the UAE.
The two companies offer a range of Takaful products including motor, general, technical, medical, and family to both individuals and companies in the UAE. They have a truly national presence across the UAE and operate full-service offices located in Abu Dhabi, Sharjah, Deira and Jebel Ali.
Watania Takaful General PJSC and Watania Takaful Family PJSC operate in accordance with the teachings of Islamic Shari’ah and within the provisions of UAE Federal Law No. 6 of 2007 relating to Takaful companies and Takaful agents and the Memorandum and Articles of Association of the companies. Their business operations are conducted with an oversight by an Islamic Shari’ah Supervision Committee (ISSC) comprising of leading Islamic scholars.
