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Methaq Takaful Insurance PSC
13, Delma Street Behind Judicial Court,
P.O. Box 32774
Phone: +971 26565333p:+971 26565333 ABU DHABI, United Arab Emirates Ticker: METHAQMETHAQ
Business Summary
Methaq Takaful Insurance Company PSC (Methaq) is a United Arab Emirates-based company that offers insurance and reinsurance products and services in accordance with Islamic sharia principles. The Company’s principal activities include accidents and civil responsibility insurance, fire insurance, land, marine and air transportation dangers insurance, reinsurance, health insurance and onshore and offshore oil and gas fields and facilities services. For operating purposes, the Company is organized into two business segments: Underwriting of general takaful business, which includes all classes of general takaful , fire, marine, motor, general accident and medical; and Investments, which include investments in United Arab Emirates marketable equity securities, term deposits with banks, overseas managed portfolios and other securities. The Company operates through its head office in Abu Dhabi and branch offices in Dubai.
(Source: F-4)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022Yes----

Industries
SIC Code Description
6331 Fire, marine, and casualty insurance
6324 Hospital and medical service plans
6361 Title insurance
6311 Life insurance
6411 Insurance agents, brokers, and service

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board AhmadHumaid Almazrouei 1/1/2022 4/29/2022
Vice Chairman of the Board, Managing Director Musallam AhmedAl Baloushi 1/1/2022 4/14/2019
Chief Financial Officer MahmoudAl Badawi 4/11/2022
12 additional Officers and Directors records available in full report.

Business Names
Business Name
METHAQ
Mithaq Liability Insurance Company

General Information
Outstanding Shares: 150,000,000 (As of 9/30/2023)
Stock Exchange: ABD
Fax Number: +971 26565334


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Friday, November 22, 2024