Watania is a young and dynamic organization that came into being in 2011.  Watania was issued a license by the UAE Insurance Authority on the 12th of July, 2011 and listed on the ADX on the 14th of November, 2011.

Watania has a paid-up capital of AED150mn and currently operates out of its head offices in Abu Dhabi, United Arab Emirates.

Watania is an initiative taken by Abu Dhabi National Insurance Company (ADNIC), Abu Dhabi National Islamic Finance (ADNIF), Abu Dhabi National Energy Company(TAQA), and ALDAR Properties PJSC, establishing a leading Takaful operator in the UAE, to meet the demands of the UAE market for Shariah compliant products.

Watania floated its stocks for an IPO on the 18th of April, 2011 and after the allotment process, Ajman Bank and Qatar First Development joined the ranks of the Founding Shareholders.

Watania started underwriting risks on the 14th of November, 2011.

Watania offer General Takaful Products and Services including Medical Takaful.

Watania's objective is to produce profitable results to the shareholders and the policyholders. The Company's mission and objectives shall be achieved in pursuance and compliance with the Shariah principles and UAE regulatory requirements.

Latest News
Directors Report December 31 2011
National Takaful Company (“Watania”) IPO oversubscribed by 700 %
Contact Details
T: 800 WATANIA (9282642)
E: WRITE TO US AT info@watania.ae