Methaq Takaful Insurance Company is one of the UAE’s leading Shariah-compliant insurance providers, offering ethical and innovative solutions in motor, health, home, and business insurance. With a focus on InsurTech and Islamic finance principles, Methaq has become a trusted name in the insurance landscape across Dubai, Abu Dhabi, and other Emirates.
What is Methaq Takaful?
Methaq Takaful operates under the principles of Takaful, a cooperative model of insurance guided by Islamic law. In this model, participants contribute to a pooled fund, which is then used to support members in times of need. The company’s offerings ensure both financial protection and religious compliance, making it ideal for Shariah-conscious individuals and businesses.
Services Offered by Methaq Takaful Insurance Company
Methaq’s wide range of insurance products are designed to meet the evolving needs of residents and corporates across the UAE.
Motor Insurance
- Comprehensive and Third-Party Plans
- Roadside assistance, agency repairs, and fast claims processing
- AI-based risk assessments for accurate premium pricing
Medical Insurance
- Individual and group health plans
- Access to a wide network of hospitals and clinics
- Optional add-ons including dental, maternity, and wellness
Home Insurance
- Covers fire, burglary, water damage, and natural calamities
- Optional protection for personal belongings and valuables
Business and Corporate Takaful
- Liability coverage, property insurance, and group medical plans
- Tailored policies for SMEs and large enterprises
- Risk evaluation and advisory services
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Office Locations
| Location | Address |
|---|---|
| Dubai Office | Mohamed Bin Rashid Charity Building, Office 312, Al Mamzar, Dubai |
| Abu Dhabi | Liwa Tower, ADNEC Area, M Floor |
| Al Ain | Tadbeer Building, 4th Floor, Khalifa Street |
| Phone Support | +971 600 565695 |
| Website | www.methaq.ae |
Office Timings
| Day | Timings |
|---|---|
| Monday to Thursday | 8:30 AM – 3:00 PM |
| Friday | 8:30 AM – 12:00 PM |
| Saturday & Sunday | Closed |
Partnership with Lookinsure
In 2025, Methaq Takaful partnered with Lookinsure, an InsurTech platform, to revolutionize digital insurance services in line with the UAE Innovates vision. This collaboration enables:
- Seamless online policy issuance
- AI-powered pricing models
- Faster claims and customer service
- Integration of Islamic finance ethics into user experience
This strategic partnership reinforces Methaq’s commitment to modernizing insurance while staying rooted in ethical practices.
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Why Choose Methaq Takaful
- Fully Shariah-compliant insurance services
- Advanced digital platforms with AI integration
- Strong customer support in multiple languages
- Offices across key cities in the UAE
- Custom solutions for individuals and corporates
FAQs
1. What is Methaq Takaful Insurance Company?
Methaq Takaful is a Shariah-compliant insurance provider in the UAE offering motor, medical, home, and business insurance solutions. It operates under Islamic finance principles and ensures ethical, risk-sharing models through Takaful.
2. Is Methaq Takaful insurance valid across all Emirates in the UAE?
Yes, Methaq Takaful provides coverage across all Emirates including Dubai, Abu Dhabi, Sharjah, and Al Ain. It has offices in multiple locations for customer convenience.
3. What types of insurance does Methaq offer?
Methaq Takaful offers a wide range of insurance plans:
- Motor Insurance (Comprehensive & Third-Party)
- Medical Insurance (Individual & Group)
- Home Insurance
- Corporate Insurance
4. Is Methaq Takaful only for Muslims?
No. While Methaq operates under Islamic Takaful principles, its services are open to everyone regardless of religion. Anyone seeking ethical and community-based insurance can opt for Methaq.
5. How can I buy a policy from Methaq Takaful?
You can purchase policies online through their website www.methaq.ae, visit their offices, or call customer support at +971 600 565695 for assistance.
6. What is the advantage of Takaful insurance over conventional insurance?
Takaful promotes a cooperative risk-sharing model rather than profit-based models. It aligns with ethical values and ensures transparency, fairness, and mutual assistance among policyholders.
7. Does Methaq Takaful offer car insurance online?
Yes, Methaq has partnered with Lookinsure to provide fully digital car insurance services, including quote generation, instant policy issuance, and online claim tracking.
8. Can I file a claim online with Methaq?
Yes. Methaq allows customers to register motor claims online, providing a faster and streamlined claims experience.
9. What payment options does Methaq accept?
Methaq Takaful accepts multiple payment options including credit/debit cards, online transfers, and digital wallets.
10. What are Methaq’s office timings?
- Monday to Thursday: 8:30 AM to 3:00 PM
- Friday: 8:30 AM to 12:00 PM
- Saturday & Sunday: Closed
11. Does Methaq provide roadside assistance?
Yes. Roadside assistance is available under certain motor insurance packages. Check your policy inclusions for details or speak with customer service.
12. How do I contact Methaq Takaful for queries?
You can reach them via their toll-free number +971 600 565695 or visit their offices in Dubai, Abu Dhabi, or Al Ain. Location details are available on their official website.
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