Takaful Emarat Insurance PSC, a leading insurance provider in the United Arab Emirates, has announced a pivotal change in its leadership structure. In a recent board meeting held on February 12, 2026, the company appointed Mr. Hisham Moufid Hammoud as the Vice Chairman of the Board of Directors. This strategic move is expected to bolster the company's governance and drive its future growth initiatives.

The meeting, which achieved a quorum of 71%, reflects the company's commitment to maintaining robust corporate governance practices. With five board members present, the decision was made by circulation, underscoring the board's confidence in Mr. Hammoud's capabilities to contribute significantly to Takaful Emarat's strategic objectives.

Takaful Emarat operates under the principles of Islamic Sharia’a, offering a range of insurance products including health, life, and credit & saving insurance. The company's adherence to Islamic financial principles distinguishes it in the competitive insurance market, catering to a diverse clientele seeking ethical financial solutions.

Mr. Hisham Moufid Hammoud's appointment is anticipated to bring fresh perspectives and innovative strategies to the board. His leadership is expected to align with the company's vision of expanding its market presence and enhancing its service offerings. As the insurance sector in the UAE continues to evolve, Takaful Emarat's strategic leadership changes position it well to capitalize on emerging opportunities.

Given the strategic importance of this appointment and the company's solid foundation in the insurance market, investors might consider holding their positions in Takaful Emarat. The leadership change signals potential for future growth and stability, making it an attractive option for those looking to invest in the insurance sector.