AML/CFT Policy
We are committed to maintaining the highest standards of compliance with international and local regulations to prevent money laundering and the financing of terrorism. Our AML/CFT program is designed to ensure that our operations are not used for illegal purposes.
1. Compliance with Laws:
- We strictly adhere to all relevant AML/CFT laws and regulations.
- Our policies are aligned with guidelines from regulatory bodies, including the Financial Action Task Force (FATF).
2. Risk Assessment:
- We conduct regular risk assessments to identify and mitigate potential money laundering and terrorist financing risks.
- We apply a risk-based approach to our AML/CFT measures.
3. Customer Due Diligence (CDD):
- We implement stringent CDD procedures to verify the identity of our clients.
- Enhanced due diligence is applied for high-risk customers and transactions.
4.Transaction Monitoring:
- We monitor transactions for unusual or suspicious activity.
- Any suspicious transactions are reported to the relevant authorities promptly.
5. Employee Training:
- Our employees receive regular training on AML/CFT regulations and internal policies.
- We ensure that our staff is well-equipped to detect and prevent money laundering and terrorist financing activities.
Reporting Suspicious Activities
If you suspect any fraudulent or suspicious activities, please contact us immediately at or Phone: 00971 2 4107700 or send email to aml.officer@takaful.ae . All reports will be treated with the utmost confidentiality.
Contact Us
For more information about our AML/CFT policy, please contact our compliance department at: