ProviderMethaq Takaful Insurance
Methaq Takaful Insurance Third-Party Motor Takaful
Eligibility unknownShariah-compliantInsuranceCover with transparent excess and fast claims settlement.
Last verified Nov 11, 2026, 3:01 PM1 source behind these figures
Terms and conditions
| Cover | |
| Cover type | Motor — third party1 source
|
|---|---|
| Add-ons | Agency repair, Replacement car1 source
|
| Pricing | |
| Annual premium from | AED 835.001 source
|
| Excess | AED 500.001 source
|
| Claims settlement time | 3 days1 source
|
| Shariah compliance | |
| Shariah structure | Takaful1 source
|
| Profit rate basis | Reducing balance1 source
|
| Shariah board reference | METHAQ-SSB-2026-0381 source
|
| Eligibility | |
| Minimum monthly income | AED 0.001 source
|
| Minimum age | 25 years1 source
|
| Maximum age at maturity | 60 years1 source
|
| Residency eligibility | Residents and UAE nationals1 source
|
| Eligible employer types | Private sector, Government1 source
|
| Minimum tenure | —No evidence recorded |
| Maximum tenure | —No evidence recorded |