25/01/2011 00:00 AST

Abdullah Al-Maamari, Managing Director, Methaq Takaful, presented the cheque to HE Ahmed Humaid Al Mazrouie, , Chairman of the RCA's Board of Directors, at the RCAs' headquarters in Abu Dhabi, in presence of HE Mohammed Khalifa Al Qemzi, RCA Secretary General, and Khalil Ghneim, Methaq's General Manager.

Al-Maamari said, "We are keen to give the Zakat money to the concerned official bodies in the UAE to take the responsibility of distributing it to the needy and beneficiaries through their Islamic banks.

"The RCA plays a significant role in helping needy families and the poor in the country. Its activity expands all over the world in an effort to reach out to the poor and the needy wherever they are. This is why Methaq decided to give AED 3 million Zakat amount to the RCA in support of its efforts and initiatives."

He pointed out that Methaq Takaful is fully aware of its social responsibility obligations, and it is always keen to pay Zakat on time, in addition to offering donations and aid as a part of the social responsibility it shoulders towards local and global humanitarian issues and social solidarity and its commitment to support community development endeavours.


CPI Financial

Meethaq hosts SQU students to highlight role of Islamic finance

11/10/2017

Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, hosted students of Sultan Qaboos University (SQU) to highlight the role of Islamic finance in the economic development of Oman.

Oman Daily Observer

Meethaq raises Sukuk offering to OMR44.6 million

15/06/2017

Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has received the Capital Market Authority’s (CMA’s) approval to increase the original offer size of the Meethaq Sukuk series 1 from O

Times of Oman

Meethaq posts Q1 results

14/05/2017

Meethaq Islamic financing receivables rose to OMR 902 million of 31 March 2017 compared to OMR 665 million in the same period of 2016. Islamic banking customer deposits amounted to OMR 780 million as

CPI Financial

Ticker Price Volume
QNBK 123.29 21,021
SABIC 98.36 2,678,948
PETRORABIGH 13.62 1,724,546
TAWUNIYA 97.04 165,611
DARALARKAN 6.91 23,025,622
WALAA 28.48 318,680
STC 68.60 268,047
METHAQ Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
TAWUNIYA 97.04 -0.04 (-0.05%)
QATI 47.00 1.40 (3.07%)
BUPA 109.40 -1.57 (-1.42%)
QGRI 40.80 -0.20 (-0.49%)
AWNIC 12.75 0.00 (0.00%)
Further delay to Rabigh plant mill construction

19/10/2017

Commercial start-up of new cement mills at Arabian Cement Co.’s Rabigh plant has been delayed to 3Q18. The mills had been expected to go into operation in 4Q17 but construction work is still ongoing.

Cement World

NBK named Best Bank in Kuwait 2017 by Global Finance

19/10/2017

National Bank of Kuwait (NBK) has been named the Best Bank in Kuwait 2017 by the international financial publication Global Finance. The award was presented to George Richani, General Manager – Inter

Kuwait Times

Riyad Bank third-quarter profit up 47.7 pct, beats forecasts

19/10/2017

Riyad Bank, Saudi Arabia's fourth-largest bank by assets, on Wednesday reported a 47.7 percent rise in third-quarter net profit, beating analysts' forecasts as income from investments and fees and co

Reuters

Aramco participates as a diamond sponsor in the 5th Water Arabia

19/10/2017

Saudi Aramco participated as the diamond sponsor in the 5th Water Arabia Conference and Exhibition under the theme “Sustaining water resources through innovative and reliable water and wastewater tre

WebWire

Four Seasons and Jabal Omar Company to Open New Hotel in Makkah

19/10/2017

Four Seasons Hotels and Resorts, the world's leading luxury hospitality company, and Jabal Omar Development Company (JODC), a leading developer in the Middle East, announce plans for a new Four Seas

Press Release