Orient Takaful PJSC

Orient Takaful PJSC is a Public Joint Stock Company (DFM code: OUTFL) with a Paid Up Capital of AED 200,000,000 jointly promoted by Orient Insurance PJSC of Al Futtaim Group and Union National Bank PJSC. The company offers a comprehensive and innovative range of core Islamic insurance (Takaful) products covering motor vehicles, fire, marine cargo, general accident, health and more.

Orient UNB Takaful PJSC's core strengths lie in its strong financial base, well qualified and experienced team with an extensive understanding of the local insurance market. The company aims to be a leading UAE Takaful company contributing effectively to the growth and development of the UAE economy by offering excellent solutions to protect human and economic interests. Their goal is to promote an awareness of the benefits of the Takaful program.

As one of six Takaful operators listed on the Dubai Financial Market (DFM), the introduction of the company IPO denotes an important addition to the sector. Post an IPO launch in November 2016, the company commenced operations by July 2017 and has already surpassed its targeted figure by five times in the last financial quarter 2017-18. Orient Takaful PJSC continues to strive towards improving customer experience and establishing a good working relationship with potential clients.