One more Islamic insurer Joins Tradeshield

DAT 220x150Dubai Trade, the premier cross-border trade facilitator, has announced that Dar Al Takaful PJSC, the UAE Islamic insurance company is now live on its Tradeshield platform. Customers of Tradeshield can obtain insurance services from Dar Al Takaful as an additional insurance provider alongside ADNIC, RSA, Noor Takaful and Oman Insurance.

The announcement highlights the efforts of Dubai Trade to transform Dubai into a leading global smart city.

Joining Tradeshield enables the insurance company to increase productivity with fewer clerical operations.

Eng. Mahmood Al Bastaki, CEO of Dubai Trade said: “In line with Dubai’s vision to be the Capital of the Islamic Economy, we welcome Dar Al Takaful PJSC as one of our major providers for Sharia compliant insurance services through Tradeshield, the one stop window that provides real time cargo insurance from multiple regional and global providers. This will add more options for our customers and enable them to have more choice from our elite insurance partners.”

Al Bastaki added: “Protecting business interests is crucial in today’s world and traders need to insure their cargo movements to avoid losses and to maintain their business as well as customers and suppliers.”

Tradeshield is an easy to use platform offering direct integration to marine and cargo insurance. Quotations can be obtained within few minutes on the website which enables comparisons on policies, rates and terms before making a final selection. Completion of buying insurance online includes payments using “Rosoom”, Dubai Trade’s secured e-payment gateway.


Mr. Saleh Al Hashimi, Vice Chairman and Managing Director of Dar Al Takaful, said: “We joined Tradeshield given the role Dubai Trade is playing in reshaping the future of trading and shipping in Dubai. We are delighted to be part of this platform as an Islamic insurance company and are ready to provide a professional service to its users.”