Takaful Emarat plans to double share capital

Dubai: Takaful Emarat Insurance said on Tuesday it plans to double its share capital to Dh200 million from the current Dh100 million.

The company has called a board meet on November 11 to discuss about the hike, it said in a statement. The company plans to issue shares to its current shareholders.

The company had assets worth Dh158 million till December 2013.