Watania International Holding Pjsc carries out general takaful (Insurance), retakaful (reinsurance) and investments in accordance with Islamic Sharia. It issues short term takaful contracts in connection with non-life takaful, such as motor, marine, fire, engineering, medical and general accident risks. The company also invests its funds in investments securities. It operates through the General Takaful Management and Investment segments. The General Takaful Management segment comprises the takaful business undertaken by the company on behalf of the participants. The Investment segment involves in investment and cash management for its own account. The company was founded on July 23, 2008 and is headquartered in Dubai, United Arab Emirates.