Abu Dhabi: National Takaful Company “Watania” announced that it has engaged its customers in Souqalmal’s digital platform “MoneyDoctor”. As a program specialized in spreading financial education, MoneyDoctor comprises of nine different modules that thoroughly present various financial matters and issues inside the UAE.

MoneyDoctor provides guidelines regarding various banking and financial issues starting from local business establishment to debit management and real estate purchases. Accordingly, the users of this program can optimally manage their own financial matters and increase their wealth in the UAE.

In this regard, Gautam Datta, CEO, Watania said “Actually those who are constantly informed with financial information, apply strict financial plans in their lives and have better understanding for credit and insurance products, have superior ability to evaluate the risks they may face daily. Thus, they try to get benefit from such knowledge and experience to secure their future reflected in better and more stable lifestyles.”

“Fulfilling our commitments towards our policyholders is clearly expressed by financing our customers by this Program which will enhance their financial awareness. In addition, the Program helps us to meet our obligations in promoting the financial education and awareness across the UAE and to take part in achieving a renaissance in terms of financial wellbeing.” added Datta.

On the other side, Ambareen Musa, CEO of Souqalmal said: “For the first time, a regional insurer proceeds to enhance the financial education and awareness of the financial systems. We have incorporated MoneyDoctor to be an independent learning platform that helps and directs the users in their various financial milestones throughout their life. Watania confirms the importance of financial education in this region, which is very encouraging.”

Watania will register its current and prospective customers in MoneyDoctor in order for them to be informed with banking and financial products, takaful/ insurance products, in addition to minimizing the financial constraints they face in their daily lives.

Featuring a combination of presentations, interactive tools, and downloadable tools, MoneyDoctor will guide the users in various financial affairs. The modules related to UAE residency will help the new residents to open bank accounts, lease properties, determine credit facilities and purchase the required insurance policies. Other modules deal with how to choose new credit cards, real estate investment, vehicle replacement, how to calculate the creditworthiness and the optimal use of monthly income to increase savings.

The Program is compatible with the UAE environment and the regulations issued in this regard. As an online program, modules can be easily accessed and reviewed 24/7 by the users. Mousa confirms that the content is constantly updated according to the organizational and economic developments. Mousa also stated that new investment and insurance strategies modules are to be added timely.

During the next few weeks, all Watania’s customers will receive messages confirming their access to MoneyDoctor. Failing to receive such message, customers shall contact the Insurer’s call center on 26.09.2021 through No. 800WATANIA, 800 928 2642 for phone calls and chatting or send an email to info@watania.ae to get access to the Program.

-Ends-

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.