Methaq Takaful Insurance Company Sustainability Report | premargin
Methaq Takaful Insurance Company Sustainability Report
·ADX·Financial Reports | Sustainability Report·March 28, 2026·View on exchange
AI Summary
A new Board of Directors and mandated committees were formally appointed on April 24, 2025, assuming full governance responsibilities following a transition period under a Central Bank of the UAE Interim Supervisory Committee.
The company reported 2025 workforce metrics including an Emiratization rate of 22.3% (targeting 28% by 2026), 34% female representation, and a staff retention rate of 86.54%.
Environmental and operational targets include a 10% reduction in per-employee energy and water consumption by 2026, the launch of green takaful products by 2026, and a transition to 100% digital internal workflows by 2027.
Formal financial CSR programs were not implemented in 2025 due to financial performance constraints, though the company resolved 100% of the 2,033 customer complaints received during the year.
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