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Methaq Takaful Insurance PSC (METHAQ)

Last update: 15 June 2023 02:55 PM market time.
0.64
0.01
2.22%
Open 0.64
Previous Close 0.63
High 0.65
Low 0.63
Stock Statistics
Volume 312,640
Turnover 199,456.50
All data are 15 minutes late during market session

News

The accumulated losses are driven by the loss of the fair value
17 November 2020 04:13 PM Methaq Takaful logs AED 43m accumulated losses
Abu Dhabi – Mubasher: Methaq Takaful Insurance Company has incurred accumulated losses of AED 42.77 million as of the third quarter (Q3) of 2020, representing 28.5% of the company's capital. The accumulated losses are driven by the loss of the …
BH Mubasher is authorised to deal with an issuer of listed security
11 November 2020 10:10 AM Methaq Takaful appoints BH Mubasher as liquidity provider
Dubai – Mubasher: BH Mubasher Financial Services was appointed as a liquidity provider for Methaq Takaful Insurance Company, upon the approval of the Abu Dhabi Securities Exchange (ADX). Under the role of the liquidity provider, BH Mubasher is …
Eshraq Investments is dually-listed on ADX and Tadawul
8 September 2020 01:49 PM Methaq Takaful declines taking measures to acquire Eshraq Investments
Abu Dhabi – Mubasher: Methaq Takaful Insurance Company reiterated that its board has not issued any approval on the acquisition of Eshraq Investments and declined taking any procedures in this regard.  It also emphasised that it will take all …
The company has set a business plan for 2020 onwards
28 June 2020 11:25 AM Methaq Takaful accumulated losses near 31% of capital
Abu Dhabi – Mubasher: The accumulated losses of Methaq Takaful Insurance Company reached AED 46.45 million in the first quarter (Q1) of 2020, representing 30.97% of the capital. Since 2011, the accumulated losses have been driven by the loss of …
Accumulated loss-to-capital ratio reached 35.3%
20 November 2019 00:24 PM Methaq Takaful records AED 53m accumulated loss
Abu Dhabi – Mubasher: Methaq Takaful Insurance Company’s capital loss recorded AED 53 million during the third quarter of the fiscal year 2019. The company’s accumulated loss-to-capital ratio reached 35.3% according to a bourse statement released …
EPS registered 0.08 fils in the third quarter of 2019
11 November 2019 09:56 AM Methaq Takaful turns to loss in Q3-19
Abu Dhabi – Mubasher: Methaq Takaful Insurance Company reported a loss of AED 6.494 million over the third quarter (Q3) of 2019, against a profit of AED 1.607 million in the same period last year. Earnings per share (EPS) registered 0.08 fils in …
In the second quarter of 2019, profits dropped to AED 5.94 million
5 August 2019 01:47 PM UAE’s Methaq posts H1 unaudited condensed interim financial results
Abu Dhabi – Mubasher: Methaq Takaful Insurance Company, listed on the Abu Dhabi Securities Exchange (ADX), has reported its unaudited condensed interim financial results for the first half of 2019. The company has generated a profit for H1-19 of …
(Photo Credit: Arabianeye-Reuters)
14 May 2017 08:38 AM Methaq turns profitable in Q1
Abu Dhabi – Mubasher: Methaq Takaful Insurance Company (METHAQ) on Sunday announced that it swung to profits in the first quarter of 2017, against losses in the year-ago-period. The company’s profits stood at AED 5.58 million ($1.52 million) in …
The Abu Dhabi Securities Exchange - (Photo Credit: Arabianeye-Reuters)
14 February 2017 06:03 PM Methaq Takaful turns profitable in Q4
Abu Dhabi - Mubasher: Methaq Takaful Insurance posted profits of AED 7.19 million ($1.96 million) in the fourth quarter of 2016 against losses of AED 4.56 million ($1.24 million) in Q4-15, as per the company’s financial results. Annual profits …
Methaq Takaful incurred losses of AED 1.33 million in the first nine months of 2016 (Photo credit: Arabianeye - Reuters)
13 November 2016 09:03 AM Methaq Takaful incurs losses in Q3
Abu Dhabi – Mubasher: Methaq Takaful Insurance Company turned to losses in the third quarter of 2016, according to a bourse statement. Losses reached AED 1.72 million ($468,200) in Q3-16, against profits of AED 710,450 ($193,400) in Q3-15. The …
Net profit for the first half of fiscal 2016 reached AED 388,300 (Photo credit: Arabianeye - Reuters)
11 August 2016 03:24 PM Methaq Takaful Q2 results turn negative
Abu Dhabi – Mubasher: Methaq Takaful Insurance Company posted on Thursday net losses of AED 1.4 million ($381,000) for the second quarter of the fiscal year 2016, against a net profit of AED 2.08 million ($566,000) for Q2-15. Net profit for the …
Profits reached AED 1.78 million ($484,600) in Q1-16 (Photo Credit: Arabianeye-Reuters)
8 May 2016 10:22 AM Methaq turns to profitability in Q1
Abu Dhabi-Mubasher: Methaq Takaful Insurance (METHAQ) swung to profits of AED 1.78 million ($484,600) in the first quarter of 2016, according to a bourse statement. In the first quarter a year earlier, the Islamic insurer incurred losses of AED …
Photo credit: Arabianeye - Reuters
15 November 2015 08:41 AM METHAQ turns to profitability in 9M
Abu Dhabi – Mubasher: Methaq Takaful Insurance (METHAQ) announced Sunday that it turned to profitability in the first nine months of 2015, compared to the same period last year. The insurer’s profit reached AED 1.041 million ($283,300) in the …
Photo Credit: Arabianeye-Reuters
9 August 2015 10:39 AM Methaq turns profitable in H1
Abu Dhabi – Mubasher: Methaq Takaful Insurance Co. announced turning to profits in the first half of 2015 with AED 330,555 ($90,000), against a loss of AED 9.640 million ($2.62 million) in H1-14, according to a filing to the Abu Dhabi Securities …
Photo Credit: Arabianeye-Reuters
30 March 2015 10:38 AM Methaq Takaful turns to losses in 2014
Abu Dhabi – Mubasher: Methaq Takaful Insurance announced on Monday that it turned to losses in fiscal year 2014.The company incurred losses of AED 2.12 million ($577,000) in 2014 against profits of AED 2.56 million ($696,000) in 2013, …
17 August 2014 09:43 AM Methaq Insurance reports H1 loss of AED 6.9 mln
Methaq Takaful Insurance Co. (Methaq) announced, in its statement to the Abu Dhabi Securities Exchange (ADX), that it has incurred a loss of AED 6.90 million during the first six months of 2014, compared to a profit of AED 5.35 …
12 August 2014 11:56 AM Methaq Board tackles results on August 14
Methaq Takaful Insurance Company announced, in a statement to the Abu Dhabi Securities Exchange (ADX), that its Board of Directors will convene on Thursday, August 14 at 3 pm to discuss the Company’s financials for the second quarter …