The Following Requisites should be fulfilled in the Strategic Partner:

1. His activity is similar or supplementary to the activity of the issuing company and leads to a real benefit thereof;
2. has issued at least two audited balance sheets for at least two financial years. This shall not apply to the Federal Government or the Local Government in the State;
3. A Strategic Partner may be a foreign person provided that his entry as a Strategic Partner in the company's capital shall not affect the UAE Nationals’ ownership ratios or the company's articles of association;
4. The Strategic Partner shall conclude a contract with the company, indicating the mechanisms of his contribution, disassociation, and the company's development plan.

5- The availability of minimum required capital as well as the ability to provide more capital or any other form of support to the insurance company, if needed.

6- Documents and data referred to in paragraph (2) of the previous Article shall be made available.