Strong Foundations for a Better Future
METLICO – Misr Emirates Takaful Life Insurance Co was founded in 2015 and it is an Egyptian joint stock company engaged in Takaful life insurance in the Arab Republic of Egypt in accordance with the rules of Islamic law with an authorized capital of 100 million Egyptian pounds and issued capital of 60 million Egyptian pounds and subject to the provisions of the law No. 10 of 1981 and its amendments and registered at the General Authority for Financial Supervision under No. 36 of 2015, commercial registration number 79450 and is one of the subsidiaries of the Islamic Arab Insurance Companies (SALAMA) which has a paid-in capital 1.2 billion AED and its Board of Directors is headed by Sheikh Khalid bin Zayed Bin Saqr Al Nahyan.
METLICO was founded in 2015 and it is an Egyptian joint stock company engaged in Takaful life insurance in the Arab Republic of Egypt.
SALAMA – Islamic Arab Insurance Company is a leading provider of Shari’ah compliant Takaful solutions around the world. Right from our incorporation in 1979 in Dubai, UAE as pioneers in the Takaful industry, to our present day distinction as the world’s largest Takaful and Re-Takaful Company, we have always stayed true to our values and principles.
SALAMA serve both individual and institutional customers through our extensive global network. At present, we have 6 direct Takaful companies who provide Takaful solutions to customers based in UAE, Saudi Arabia, Egypt, Senegal, Algeria and Jordan.
We’re expanding our product portfolio in terms of the breadth of our offering as well as geographically in order to increase our footprint in the region and cater to the increasing sophistication of our customers and the ever-changing regulatory environment.