Press releases, Reports & Disclosures for Takaful Emarat (PSC)

Takaful Emarat Insurance, a Shariah-compliant life and health insurance provider in the UAE, announced its financial results for the first nine months of 2025, highlighting a significant business turnaround. The company achieved a 51% increase in insurance revenue, reaching AED 444.4 million, compared to AED 293.6 million in the same period in 2024. Net Takaful income rose by 37% to AED 106.2 million, and the company reported a profit of AED 22.8 million, compared to a loss of AED 4.4 million in the previous year. Earnings per share improved to AED 0.11 from a negative AED 0.02. These results reflect successful transformation and operational efficiency initiatives, robust underwriting, and effective customer acquisition strategies.

The Board of Directors meeting for Takaful Emarat Insurance PSC took place on Thursday, 13 November 2025, starting at 3:00 PM by circulation. Five board members were present, achieving a quorum of 71%. During the meeting, the board approved the company's unaudited interim condensed consolidated financial statements for the third quarter ending on 30 September 2025. The meeting's decisions were authorized by Adnan Sabaalaish, the Chief Executive Officer, and documented with the company’s seal and signature on the same date.

Takaful Emarat Insurance P.S.C, a public shareholding company registered under Federal Law No. 48 of 2023 in the United Arab Emirates, is holding a board meeting on Thursday, 13 November 2025. The meeting, scheduled for 3:00 PM by circulation, aims to approve the company's unaudited interim condensed consolidated financial statements for the third quarter ending 30 September 2025. The notice is signed by Adnan Sabaalaish, the Chief Executive Officer, on 10 November 2025. The company is listed in the insurance companies register under No. 86, dated 14 October 2008.

On 14 October 2025, a Board of Directors meeting for Takaful Emarat Insurance PSC took place from 3:00 PM to 5:00 PM. The meeting was attended by five board members, achieving a quorum of 71%. During the meeting, business updates and other matters were discussed. The authorized signatory for the meeting was Adnan Sabalaaish, the Chief Executive Officer.

Takaful Emarat Insurance (P.S.C) is a public shareholding company based in Dubai, United Arab Emirates. It is registered under Federal Law No. 48 of 2023 and appears in the insurance companies register under No. 86, dated October 14, 2008. The company's contact details include a phone number: +971 4 230 9300 and a fax number: +971 4 230 9333. The Chief Executive Officers mentioned are H.E. Waleed Saeed Al Awadhi from the Securities and Commodities Authority in Abu Dhabi and Mr. Hamed Ahmed Ali from the Dubai Financial Market. A board meeting is scheduled for Tuesday, October 14, 2025, at 3:00 PM to discuss business updates and other matters. The authorized signatory for the company is CEO Adnan Sabaalaish, with the document signed on October 9, 2025.

On September 19, 2025, Ms. Huda Essa Abdulla Buhumaid, an independent, non-executive board member of Takaful Emarat Insurance PSC, resigned from the company's Board of Directors due to personal reasons. The resignation was officially accepted on the same day. The document was signed and sealed by Adnan Saba Elaish, the Chief Executive Officer, on September 25, 2025.

Takaful Emarat, a Shariah-compliant insurance provider in the UAE, has appointed Mr. Adnan Sab'a El Aish as its Chief Executive Officer. Mr. Adnan has been with the company for over nine years, previously serving as Director of Finance and Acting CEO. He has over 20 years of experience in the insurance industry. Mr. Nooraldeen Atatreh, Chairman of the Board, expressed confidence in Mr. Adnan's leadership and dedication, anticipating that he will lead the company into its next phase of growth.

On 12 September 2025, a board meeting of Takaful Emarat Insurance PSC was held by circulation at 3:00 PM, with five board members present, achieving a quorum of 71%. During the meeting, the board approved the appointment of Mr. Adnan Sabaalaish as Chief Executive Officer and Mr. Abdulrahman Marwan Ahmad Majid Alghurair to a vacant board member position, pending ratification at the next General Assembly meeting. The meeting's results were authorized by Salman Qureshi, the Senior Compliance Manager.

Takaful Emarat Insurance (P.S.C) is a public shareholding company registered under Federal Law No. 48 of 2023 in the United Arab Emirates. It holds insurance company registration number 86, dated October 14, 2008. The company's office is located in Dubai, and its contact number is +971 4 230 9300. On September 9, 2025, a board meeting was scheduled to be held by circulation on September 12, 2025, at 3:00 PM. The meeting's agenda included the appointment of a board member and the Chief Executive Officer. Adnan Sabaalaish is the Acting Chief Executive Officer and the authorized signatory for the company.