Takaful
Takaful
News, insights and thought leadership for re/insurance professionals with an interest in takaful.

UAE: SALAMA in M&A deal to become among world's 5 biggest Islamic insurers

Dubai-listed Islamic Arab Insurance Company "SALAMA" -- the largest takaful insurance company in the UAE -- yesterday announced that it had received initial approval from the regulatory authorities to merge with Takaful Emarat.
Dubai-listed Islamic Arab Insurance Company "SALAMA" -- the largest takaful insurance company in the UAE -- yesterday announced that it had received initial approval from the regulatory authorities to merge with Takaful Emarat.
Article / 1 year ago

UAE: Largest takaful company arising from Dar Al Takaful-Watania merger starts trading

Dar Al Takaful (DAT) and Watania announced yesterday the completion of their merger effective on 1 July 2022 pursuant to the merger plan announced on 3 March 2022, and after meeting all required regulatory and shareholders' approvals.
Dar Al Takaful (DAT) and Watania announced yesterday the completion of their merger effective on 1 July 2022 pursuant to the merger plan announced on 3 March 2022, and after meeting all required regulatory and shareholders' approvals.
Article / 2 years ago

Saudi Arabia: One insurance merger succeeds; another merger bid fails

Saudi Arabian insurer AlAhli Takaful Company has announced that its proposed merger with Arabian Shield Cooperative Insurance Company is effective after no objections were raised by creditors by the set deadline...
Saudi Arabian insurer AlAhli Takaful Company has announced that its proposed merger with Arabian Shield Cooperative Insurance Company is effective after no objections were raised by creditors by the set deadline...
Article / 2 years ago

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