UAE: Takaful Emarat reports recovery in financial performance in 2025
Source: Middle East Insurance Review | May 2026
Takaful Emarat, a provider of Shariah-compliant life and health insurance in the UAE, has announced strong financial results for 2025.
Takaful revenues reached AED610.9m ($166.3m), a 45% growth compared to AED420.3m in 2024. The company also achieved improved profitability, with net income before tax increasing by 50% to AED19.7m, reflecting efficient cost management and enhanced underwriting performance, the Islamic insurer said in a statement.
This robust performance reflects the continued success of the company’s strategic transformation initiatives, its disciplined underwriting approach, and its focus on achieving sustainable growth and long-term shareholder value.
The company’s financial position continued to improve, with total assets increasing by 12% to AED1.08bn at the end of 2025, compared to AED959.8m as of 31 December 2024. Total equity rose by 9% to AED177.5m, reflecting the achievement of sustainable value for shareholders and enhanced financial stability.
The company reduced its accumulated losses to AED30.7m at the end of 2025 from AED43.3m at the end of 2024. The accumulated losses peaked at AED181.3m at the end of 2023 and have since been declining as the company turned around its operations.
Dr Nour El-Din Atatrah, Chairman of Takaful Emarat, said: “These results reflect the continued effectiveness of the company’s transformation strategy and our commitment to achieving sustainable and profitable growth. We remain focused on strengthening our financial position, improving operational efficiency, and providing innovative, customer-centric solutions that comply with Sharia principles.” M