Watania Launches Annual Ramadan Initiatives to Foster Community Unity
Dubai, UAE, April 6, 2024 – In a profound demonstration of its commitment to empathy, integrity, and unity, Watania International Holding and its subsidiaries Watania Takaful Family and Watania Takaful General launched a series of initiatives throughout the UAE this Ramadan. These activities are organized annually to strengthen the bonds and foster unity within staff of the companies and their community in line with the UAE’s vision of inclusive growth and social solidarity.
This Ramadan, Watania partnered with the Emirates Red Crescent to extend support to those in need, demonstrating its solidarity and commitment to the well-being of all community members. The company presented two donations: one to support iftars (Kasret seyam), for those observing the fast and another to bring joy to orphans with Eid clothes (Kiswat Eid). These gestures of goodwill reflect the company’s deep-rooted belief in sharing and caring for others.
Watania staff and Cricket team joined other volunteers to distribute thousands of iftar meals to people running late for iftars as part of the Emirates Red Crescent “Kasret seyam” initiative with 13,000 iftar meals distributed on 29 March 2024, to honor the legacy of the UAE’s Founding Father, the late Sheikh Zayed Bin Sultan Al Nahyan and marking Sheikh Zayed’s Humanitarian Day. More Watania staff joined this activity to serve 2,500 iftar meals on the streets on 1 April 2024 while other members of staff helped set up Mae’dt Rahman (Mercy Tables) for labor camps in Jebel Ali and shared Iftar meals with them in a warm environment. The dedication of our staff volunteers, who contributed more than 50 hours of their time, was instrumental in the success of these initiatives, embodying our belief in collective action for the greater good.
The company also donated approximately 1,250 iftar meals in “Mae’dt Rahman” or “Mercy Tables” for labor camps, sharing the warmth of Ramadan with those who contribute tirelessly to our communities. This initiative was funded through the innovative scheme of donating one meal for new and renewed Takaful policies within select portfolios, further linking the business operations with charitable actions.
Reflecting on the company’s Ramadan initiatives, Mufti Aziz, Vice President, Shari’ah at Watania International Holding said:
“Our Ramadan initiatives are a testament to our dedication to social empowerment and community solidarity. Through these efforts, we not only honor the spirit of Ramadan but also embody the values that form the cornerstone of our legacy and inform our vision for the future. It is through such engagements that we can truly make a difference, fostering a culture of empathy and unity that resonates throughout the year.”
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About Watania International Holding (WIH)
Watania International Holding PJSC is a listed entity on the DFM with share capital of AED 260 million. In 2020 Dar Al Takaful acquired Noor Takaful and in July 2022, the National Takaful Company (Watania) merged with Dar Al Takaful to create one of the largest Takaful entities in the UAE.
In March 2023, the name of the holding company, Dar Al Takaful, was changed to Watania International Holding PJSC and its insurance license was cancelled as it became an investment holding company that aims to expand its footprint through sharia compliant investments in the Takaful and Islamic finance sectors. In July 2023 its DFM trading symbol changed to [WATANIA] from [DARALTAKAFUL] following completion of regulatory conditions precedent.
Watania International Holding is the sole shareholder of two operating companies: Watania Takaful General (previously Noor Takaful General PJSC) and Watania Takaful Family (previously Noor Takaful Family PJSC). The two operating companies offer a full range of Takaful products including motor, general, technical, medical, and family (life insurance) to both individuals and companies in the UAE through a national network of full-services offices in Abu Dhabi, Sharjah, Jebel Ali and in Business Point and Al Gurg Tower in Deira.
For more information, please call 800-WATANIA or visit: www.watania.ae