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Watania International Holding Pjsc (United Arab Emirates)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Watania International Holding Pjsc Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Dar Al Takaful Pjsc, now known as Watania International Holding PJSC, is a listed company trading on the Dubai Financial Market under the ticker WATANIA. The company obtained its commercial license on July 23, 2008, and started its operations on September 1, 2008. In 2020, Dar Al Takaful acquired Noor Takaful, and in July 2022, it merged with the National Takaful Company (Watania) to become one of the largest Takaful entities in the UAE. In March 2023, the company changed its name to Watania International Holding PJSC and transformed into an investment holding company focusing on sharia-compliant investments in the Takaful and Takaful services sector. Watania International Holding is the sole shareholder of two operating companies: Watania Takaful General and Watania Takaful Family, which together form one of the leading Takaful providers in the UAE.

Headquarters
The Galleries, Building 2, Level 13, Downtown, Jebel Ali
Dubai; Northern Emirates;

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Website: http://www.watania.ae

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2008
Key Executives
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Vice President
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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21.595%
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17.718%
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11.423%
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8.017%
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5.728%
Subsidiaries
Noor Takaful Family- Pjsc - Branch Abu Dhabi
Noor Takaful General Pjsc - Abudhabi Branch
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Net insurance premium revenue
N/A
Operating profit (EBIT)
-36.93%
Net Profit (Loss) for the Period
N/A
Total assets
8.4%
Investments
-35.38%
Total equity
8.89%
Net Premiums Earned Trend
N/A
Net Profit Trend
-242.97%
Return on Equity (ROE)
N/A
Loss Ratio
3.63%
Underwriting Expenses Ratio
N/A

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