Methaq Takaful Insurance Company Corporate Governance Report for the year December 31,2025 | premargin
Methaq Takaful Insurance Company Corporate Governance Report for the year December 31,2025
·ADX·Financial Reports | Corporate Governance Report·March 28, 2026·View on exchange
AI Summary
A new Board of Directors was formally appointed on April 24, 2025, following a period of oversight by a Central Bank-appointed Supervisory Committee that managed the company since March 2023.
Trading of the company’s shares on the Abu Dhabi Securities Exchange (ADX) remained suspended throughout 2025 due to a failure to submit required financial statements.
Crowe Mak served as the external auditor for the 2025 fiscal year with total fees of AED 475,000, though financial reports for all four quarters of 2025 were still pending audit at the time of the report.
The company achieved an Emiratization rate of 27.98% for 2025, an increase from 22.3% in 2024, and maintained 11% female representation on the Board of Directors.
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