Watania International Holding PJSC Overview
Pro stress-test →Watania International Holding PJSC is an investment holding company that aims to expand its footprint through Shari'ah compliant investments in the Takaful and Takaful services sector. Watania International Holding is the sole shareholder of two operating companies: Watania Takaful General and Watania Takaful Family, creating one of the leading Takaful providers in the UAE.
Strategic Profile
Pro stress-test →The two companies offer a range of Takaful products including motor, general, technical, medical, and family to both individuals and companies in the UAE. They have a truly national presence across the UAE and operate full-service offices located in Abu Dhabi, Deira and Jebel Ali.
Competitive Landscape
Pro stress-test →Watania competes in the Islamic insurance market where 2020 acquisitions and 2022 mergers consolidated market leadership. Primary competitors are other UAE-based takaful insurers operating in personal and commercial insurance segments. The company's scale following consolidation provides competitive advantages in product development and operational efficiency.
Industry Context
Watania International Holding PJSC operates in Islamic Insurance (Takaful) / Investment Holding.
Key facts
Founded: 2011 · Headquarters: Dubai, UAE