What is Takaful?

What is Takaful?

Takaful in Arabic means "togetherness". It is an alternative mode of insurance, based on the principles of cooperation and support to other members of the society. Takaful respects the rules and regulations of the Shariah Law. The word "takaful" actually originated from the Arabic word "Kafalah" which means "pledge".

In other words, Takaful means mutual responsibility or guarantee. It is not a bilateral monetary transaction as is the case with conventional mode of insurance..

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Motor Insurance Made Simple

Premium Motor Insurance

You will need all the safety you can afford on the road these days. Methaq’s Takaful motor insurance comes to the fore with innovative and flexible features that address your requirements in a relevant way.

We offer two Basic Comprehensive Insurance Plans.Please ask for our exculsive 4*4 and other deals..

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Travel Insurance

Travel Insurance

Methaq's comprehensive travel insurance policy ensures that the only surprises you come across during your travel are pleasant ones. we offer a wide range of flexible packages to suit your requirements

We provide you and your family the right care and protection during your travel at extremely competitive prices. When you buy a Travel Insurance Policy from us, you actually buy your own Peace of Mind!

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Personal Insurance

Personal Insurance

Life is unpredictable. Accidents can happen to any one of us. During such difficult times, you will find it comforting to have a partner who guarantees financial protection for you and your loved ones

Methaq offers a range of personal insurance protection packages to offer your unrivalled care and protection. You can choose a personal insurance package that addresses your requirements..

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Marine Cargo insurance

Marine Cargo insurance

UAE acts as a trading hub for the Middle East and other countries. Today, organizations engage in trade and commerce that span massive distances. Be it imports for local distribution, exports or imports for re-export.Goods that are being transported by sea, air or road are exposed to many risks.

Our online portal ensures fast and efficient issuance of policy documents via our distribution partners. You can get your policy within minutes.The portal is customized to handle conventional trade finance and Islamic trade finance deals..

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  • What is takaful

  • Motor Insurance

  • Travel Insurance

  • Personal Insurance

  • Marine Cargo

Welcome to Methaq

Welcome to Methaq Takaful Insurance Company, where you can find the Takaful insurance solutions compliant with the Islamic Shariah.

The company started its real operations in February, 2009, through its Abu Dhabi based office. The company seeks to implement its vision by offering a number of insurance services and products for individuals and institutions. Then, the company opened its first branch in Dubai, in a move to attract individuals and firms in Dubai and the northern emirates ...

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Latest News

  • Dubai, April **, 2010

    Methaq signs the first ever Space Takaful Insurance Policy with Yahsat

    Policy program to cover two Yahsat satellites planned for civilian and military missions beginning later this year

    Methaq Takaful Insurance Company has put together the world’s first Space Takaful Program to cover the launch of two Yahsat satellites in collaboration with ELSECO and Yahsat Satellite Communications Company View Details >

  • April **, 2010

    Methaq adopts new corporate governance structure to ensure transparency and growth of Takaful insurance market in UAE

    Board of Directors reviews new opportunities for Shariah-compliant insurance packages...View Details >

  • April 15, 2010

    Methaq offers first ever SME Takaful Package

    Insurance program comes in recognition of SMEs invaluable role in spurring economic activity and the risks involved in such endeavors...View Details >

News Archive >

Why Takaful Solutions?

Takaful insurance is a cooperative system of support whereby a number of individuals share the risk of potential loss to any one of them. In the event of such loss occurring, the participants defray the cost incurred to that

Personal Accident Insurance

It's comforting to be able to depend on a partner who guarantees financial protection for you and your loved ones. You can choose an accident care package depending on your monthly income. Coverage includes death, permanent total or partial disablement, medical expense and repatriation...

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We Offer

  • Property Insurance
  • Construction and Engineering Insurance
  • General Accident Insurance
  • Liabilities Insurance
  • Marine Cargo Insurance
  • Motor Fleet Insurance

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