Abu Dhabi National Takaful Co PSC News - Mubasher Info
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Abu Dhabi National Takaful Co PSC (TKFL)

Last update: 17 April 10:36 AM market time.
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Open 5.00
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Stock Statistics
Volume 200
Turnover 1,000.00
All data are 15 minutes late during market session

News

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17 April 11:39 AM Takaful to pay 30% of capital as cash dividends
Abu Dhabi – Mubasher: The shareholders of Abu Dhabi National Takaful Company passed the board’s proposal to distribute cash dividends worth AED 31.50 million, which accounts for 30% of paid-up capital. Takaful will disburse 31,50 fils per share on …
Photo Archive
28 March 2022 04:27 PM ADNTC’s OGM approves dividend, bonus share distribution for 2021
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi National Takaful Company (ADNTC) has approved a cash dividend distribution of 25 fils per share for 2021. The cash dividend payout stands at AED 25 million, representing 25% of …
The insurer's net written contributions declined to AED 79.12 million
11 November 2021 10:37 AM ADNTC records lower profits in 9M
Abu Dhabi – Mubasher: The interim financials of Abu Dhabi National Takaful Company (ADNTC) decreased to AED 61.248 million in the first nine months of 2021 from AED 63.917 million in the year-ago period. The company's net claims incurred increased …
The company's net written contributions declined to AED 42.042 million
12 August 2021 11:24 AM ADNTC sees 7% higher profits in H1-21
Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Takaful Company (ADNTC) increased by 7% to AED 49.74 million during the first half (H1) of 2021, compared to AED 46.29 million in the same half of 2020, as per the company's interim …
The value of the transaction represents 5.79% of the ADNTC's capital
8 April 2021 01:07 PM ADNTC signs deal to buy AED 6m commercial real estate in Dubai
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Company (ADNTC) has inked an agreement to purchase commercial real estate in the Regal Tower in Business Bay in Dubai at a total value of AED 5.798 million. The value of the transaction represents …
The company's takaful income decreased to AED 119.108m in 2020
11 February 2021 00:38 PM ADNTC's net profits increase to AED 78m in 2020; dividends proposed
Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Takaful Company (ADNTC) jumped to AED 78.396 million in 2020, compared to AED 72.655 million in 2019. The company's earned contributions reached AED 157.01 million in 2020, down from AED …
The company's takaful income decreased to AED 96.81m
15 November 2020 02:00 PM ADNTC's net profits rise 9% in 9M
Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Takaful Company (ADNTC) increased by 9% to AED 63.92 million during the first nine months of 2020 from AED 58.59 million in the year-ago period. The company's net earned contributions …
The EPS settled at AED 0.46 in H1-20
16 August 2020 10:53 AM Abu Dhabi National Takaful records 4% higher net profits
Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Abu Dhabi National Takaful Company (ADNTC) grew by 4% to AED 46.3 million in the first half (H1) of 2020, when compared to the same period of 2019. The company's net earned …
Net written contributions rose to AED 244.618 million
11 February 2020 03:50 PM Abu Dhabi National Takaful sees AED 72m net profits in 2019
Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Takaful Company increased by 6.4% to AED 72.655 million in 2019 from AED 68.345 million in 2018, according to the company’s financial statements for 2019. The company’s net earned …
EPS totalled AED 0.59 in 9M
13 November 2019 11:10 AM Abu Dhabi Takaful reports 11% higher profit in 9M
Abu Dhabi – Mubasher: The net profit attributed to shareholders of the Abu Dhabi National Takaful Co (ADNTC) rose by 11% annually to AED 58.6 million in the nine-month period ended 30 September from AED 52.8 million.      Earnings per share (EPS) …
AM Best also maintained ADNTC’s financial strength rating at A-
15 September 2019 09:54 AM AM Best upgrades UAE’s ADNTC outlooks to positive
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Co (ADNTC), a leading takaful operator in the MENA region, said that the US-based credit rating agency AM Best has affirmed its long-term issuer credit rating at A- for the third consecutive year, …
Net profit amounted to AED 65.4 million in H1-19
7 August 2019 11:31 AM Abu Dhabi National Takaful H1 profit rises 35%
Abu Dhabi – Mubasher: Abu Dhabi National Takaful (ADNTC), the leading takaful operator in the GCC region, has reported a 35% year-on-year growth in its combined net profit for the first half of 2019. Net profit amounted to AED 65.4 million in …
The company has recorded a net profit of AED 36.7 million in Q1-19
13 May 2019 10:55 AM Abu Dhabi National Takaful’s Q1 profits up 37%
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Co, a leading insurance company in the Gulf region, has posted a 37% year-on-year growth in net profits for the first quarter of 2019. The company has recorded a net profit of AED 36.7 million in …
19 February 2019 02:10 PM Abu Dhabi National Takaful posts AED 86m profit in 2018
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Company on Tuesday reported a 33% year-on-year increase in its profits for the full-year 2018. Net profits hit AED 86 million last year, compared to AED 64.6 million in 2017, according to the …
“Our underwriting profit of AED 36.4m...is an indication of our credibility"
12 August 2018 01:18 PM ADNTC’s net profit hits AED 49m in Q2
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Company (ADNTC) has reported a 19% year-on-year growth in net profit during the second quarter of 2018, registering AED 48.6 million. Meanwhile, technical profit recorded AED 60 million in Q2-18, up …
Abu Dhabi National Takaful posts AED 27m net profit Q1
10 May 2018 04:33 PM Abu Dhabi National Takaful posts AED 27m net profit Q1
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Company (ADNTC) on Thursday reported a 34% year-on-year growth in the combined net profit (for policyholders and shareholders before Qard Hasan provision) during the first quarter of 2018. …
The company’s net profit surged 23.51%
11 February 2018 02:16 PM Takaful posts AED 12.5m net profit Q4
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Company (Takaful) on Sunday reported a 267% increase in net profit during the fourth quarter of 2017, soaring to AED 12.48 million, compared to AED 3.4 million in the year-ago period. The company’s …
Net profit attributed to shareholders grew 5%
12 November 2017 03:16 PM Abu Dhabi National Takaful combined profit rises 16% in 9M
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Company (ADNTC) reported a 16% increase in the combined net profit, which comprises policyholders and shareholders before Qard Hasan. The company’s combined net profits increased to AED 52 million …
The ratings company expected ADNTC’s capital levels to remain strong enough to support the potential strategic initiatives, according to a company statement
14 September 2017 05:12 PM Abu Dhabi National Takaful eyes expansion
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Co. (ADNTC) is closely observing the events taking place in the Emirati insurance market and considering expansion and acquisition opportunities, Albayan newspaper reported, citing CEO Osama Abdeen …
ADNTC received a Long-Term Issuer Credit Rating of ‘a-’
13 September 2017 06:02 PM A.M. Best gives Abu Dhabi National Takaful “A-” rating
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Co. (ADNTC) on Wednesday announced that it has received a financial strength rating (FSR) of ‘A-’ (Excellent) and a Long-Term Issuer Credit Rating of ‘a-’ from international rating agency A.M. Best. …
Abu Dhabi National Takaful's takaful revenues reached AED 75.98 million in Q1-17 (Photo Credit: Company Website)
9 May 2017 00:00 PM Abu Dhabi National Takaful profit rises in Q1
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Co saw a rise in its profits by 11.6% year-on-year during the first quarter of 2017, according to a bourse filing. Net profits reached AED 20.2 million ($5.5 million) in Q1-17, compared to AED 18.1 …
Photo Credit: Company Website
10 April 2017 01:56 PM National Takaful to distribute dividends at AED0.16/shr
Abu Dhabi - Mubasher: The general assembly of Abu Dhabi National Takaful Company approved on Monday the distribution of cash dividends to shareholders for fiscal year 2016, with a total value of AED 16 million. Dividends will be distributed at 16 …
The increase represents 16% of the company’s capital - (Photo Credit: Company website)
6 March 2017 04:12 PM Takaful recommends 16% dividends for 2016
Abu Dhabi – Mubasher: Abu Dhabi National Takaful’s board of directors on Monday recommended a distribution of cash dividends of 16 fils per share for fiscal year 2016. The increase represents 16% of the company’s capital, and totals AED 16 …
(Photo Credit: Arabianeye-Reuters)
14 February 2017 00:30 PM National Takaful profits rise 18% in 2016
Abu Dhabi - Mubasher: Abu Dhabi National Takaful Co. posted an 18% increase in profits in 2016, according to a statement Tuesday. The leading Takaful operator in the region reported AED 49.0 million in profits for the year ended 31 December 2016, …
Takaful generated net profits of AED 45.04 million in the first nine months of 2016 (Photo Credit: Company Website)
14 November 2016 03:12 PM Takaful Q3 profits grow 23%
Abu Dhabi – Mubasher: Abu Dhabi National Takaful Co. posted a 23% year-on-year rise in its profits during the third quarter of 2016, according to a bourse statement. Profits reached AED 14.725 million ($4 million) in Q3-16, compared to AED 11.6 …