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Watania

Watania

Takaful company based in Abu Dhabi, United Arab Emirates.

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watania.ae
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Insurance
Insurance
0
‌
Takaful
B2X
B2B
B2B
0
B2C
B2C
0
Legal Name
National Takaful Company (Watania) PJSC
Legal classification
Public company
Public company
Founded Date
July 12, 2011
Stock Symbol
WATANIA
Exchange
Abu Dhabi Securities Exchange
Abu Dhabi Securities Exchange
Country
United Arab Emirates (UAE)
United Arab Emirates (UAE)
Headquarters
Abu Dhabi
Abu Dhabi

Other attributes

Company Operating Status
Active
Wikidata ID
Q22081011

National Takaful Company (Watania) PJSC is a takaful company based in Abu Dhabi, United Arab Emirates.

The company was created in 2011 by Abu Dhabi National Islamic Finance, Abu Dhabi National Insurance Company, TAQA and Aldar Properties. These founding investors floated around 55 percent of the company's shares in an initial public offering which was seven times oversubscribed. The company commenced operations shortly after, with the opening of two branches in Abu Dhabi and Dubai over the following two years.

In 2014, Oman-based conglomerate MB Holding acquired a 60.5 percent stake in the company through two subsidiaries, including Al Madina Takaful.

Watania operates using the wakala model and offers general and health takaful products.

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Products

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SBIR/STTR Awards

Patents

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