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Islamic Finance Briefing - Categorized | Insurance (Takaful), Performance more

Abu Dhabi National Takaful Company has achieved 31pct increase in net profit

Posted on 02 November 2011

Technical Profit for the period ended 30 September 2011 was AED 35.2 million compared to AED 29.9 million for the period ended 30 September 2010, representing a growth of 18%. Gross Takaful Contributions increased from AED 117.6 million as at 30 September 2010 to AED 164.4 million as at 30 September 2011, representing a growth of 40%.
Basic Earnings per Share for the period ended 30 September 2011 of AED 0.23 compared to AED 0.18 for the period ended 30 September 2010, representing a growth of 28%………………………………………..Full Article: Source

 
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