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: