Listed takaful companies in the UAE contributed 9% of the total business of listed insurance companies in the UAE in 1H2025, according to an analysis by Badri Management Consultancy, an international actuarial and risk consultancy firm. This market share was lower than the 11% reported for 1H2024.
In a report titled “UAE – Listed Insurance Industry Performance Analysis – H1 2025”, Badri indicated that takaful contributions amounted to AED2.3bn in the first six months of this year, rising by 20% over AED1.9bn in 1H2024.
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Insurance industry growth
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|
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1H2025
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1H2024
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Branch
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Revenue/Contributions
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Profit
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Revenue/Contributions
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Profit
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Takaful (shareholders)
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20%
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59%
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10%
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99%
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Conventional
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18%
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64%
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24%
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3%
|
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Insurance total
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19%
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63%
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22%
|
7%
|
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Source: “UAE – Listed Insurance Industry Performance Analysis – H1 2025, Badri Management Consultancy
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Of the 27 listed insurance companies analysed, six operate as takaful operators.
Some other takaful companies (Aman and Methaq) were not included in the analysis as their interim financial results were not published at the time of Badri’s compilation of the 1H2025 report. In addition, the Central Bank of the UAE announced in August 2025 that it had suspended the licence of YAS Takaful due to the company’s failure to comply with regulatory requirements for insurance companies in the UAE.