Central Bank suspends YAS Takaful PJSC licence — insurance sector — effective immediately
The Central Bank of the UAE (CBUAE) has suspended the operating licence of YAS Takaful PJSC, an Islamic insurance provider. This affects policyholders, brokers, and agents working with the firm. Policyholders should contact CBUAE or seek alternative coverage immediately; brokers and agents must cease new business with YAS Takaful.
The analysis — automated & source-checked
- Applies to
- Financial services · UAE
- What to do
- Policyholders must contact CBUAE or seek alternative insurance coverage. Brokers and agents must cease all new business with YAS Takaful PJSC immediately.
Source
“The Central Bank of the UAE (CBUAE) has suspended the operating licence of YAS Takaful PJSC, an Islamic insurance provider. This affects policyholders, brokers, and agents working with the firm.”
— Central Bank of UAE, 18 Aug 2025
Source: Central Bank of UAE — official 18 Aug 2025 Read the original ↗ More from Central Bank of UAE →
Quick answers
What do I need to do?
Policyholders must contact CBUAE or seek alternative insurance coverage. Brokers and agents must cease all new business with YAS Takaful PJSC immediately.
Who issued this?
Central Bank of UAE (UAE).
When was it announced?
18 Aug 2025.
Where can I read the original?
Read the original at Central Bank of UAE: https://www.centralbank.ae/en/news-and-publications/news-and-insights/press-release/cbuae-suspends-the-licence-of-yas-takaful-pjsc/
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