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05 March 07:23 AM

Takaful Emarat PJSC (TAKAFUL-EM)

Last update: 10:33 AM market time.
1.56
-0.08
-4.88%
Open 1.56
Previous Close 1.64
High 1.56
Low 1.56
Stock Statistics
Volume 485,462
Turnover 757,320.72
All data are 15 minutes late during market session

News

Photo Archive
15 December 2024 00:35 PM Takaful Emarat unveils AED 185m capital hike to reinforce sustainable growth
Dubai – Mubasher: Takaful Emarat – Insurance has increased its capital of AED 185 million through a rights issue offered to existing investors, according to a press release. The company’s total capital stood at AED 210.65 million after granting …
Banking and Finance
Photo Archive
11 June 2024 09:26 AM Takaful Emarat mulls capital hike to boost operations
Dubai – Mubasher: The board of Takaful Emarat – Insurance recommended a capital increase valued at AED 60 million to enhance the company’s financial position and ensure long-term business stability. The board called for the shareholders to approve …
Corporate Actions
Photo Archive
24 August 2023 09:39 AM Takaful Emarat’s CEO Al Sharif resigns
Dubai – Mubasher: Takaful Emarat – Insurance announced the resignation of its CEO Wael Al Sharif, according to a bourse statement. Al Sharif resigned from his position on 22 August 2023 due to personal reasons. In the first half (H1) of 2023, the …
Corporate Actions
Photo Archive
3 October 2022 08:32 PM Salama obtains initial approval to merge with Takaful Emarat, seeks investment in Aman
Dubai – Mubasher: Islamic Arab Insurance Company (Salama) was granted the initial approval for a potential merger with Takaful Emarat – Insurance, according to a bourse filing. Salama is working to fulfil all the required regulatory measures to …
Management Decisions
The company's net claims incurred increased to AED 234.951 million
10 November 2021 10:10 AM Takaful Emarat – Insurance incurs losses in 9M
Dubai – Mubasher: Takaful Emarat – Insurance has logged net losses attributable to the shareholders of AED 5.772 million during the first nine months of 2021, against net profits of AED 6.304 million in the corresponding period of 2020, according …
Financial Results
The company's net takaful income increased to AED 39.51 million in H1-21
12 August 2021 10:24 AM Takaful Emarat – Insurance turns to losses in H1-21
Dubai – Mubasher: Takaful Emarat – Insurance has incurred net losses of AED 7.144 million during the first half (H1) of 2021, against net profits of AED 769,306 in the corresponding period of 2020, as per the company's unaudited consolidated …
Financial Results
The company's net takaful income reached AED 18.715 million
17 May 2021 07:29 AM Takaful Emarat – Insurance incurs higher losses in Q1-21
Dubai – Mubasher: Takaful Emarat – Insurance has recorded net losses attributable to the shareholders of AED 4.556 million during the first quarter (Q1) of 2021, up from AED 2.555 million in the same period of 2020, according to the company's …
Financial Results
The company has taken measures to cut the general and administrative expenses
1 April 2021 09:11 AM Takaful Emarat logs AED 67m accumulated losses
Dubai – Mubasher: Takaful Emarat – Insurance has logged accumulated losses of AED 67.254 million as of the fourth quarter (Q4) of 2020, accounting for 44.84% of the company. The accumulated losses are attributed to the losses seen in the medical …
Financial Results
The company's net takaful income retreated to AED 38 million
13 August 2020 01:06 PM Takaful Emarat witnesses AED 4m losses in H1-20
Dubai – Mubasher: Takaful Emarat – Insurance registered AED 3.79 million net losses in the first half (H1) of 2020, against AED 1.51 million net profits in the corresponding half of 2019. The company's net takaful income retreated to AED 38.02 …
Financial Results
The insurer incurred accumulated losses of AED 58.026m
7 June 2020 06:32 AM Takaful Emarat logs AED 2m net losses in Q1-20
Dubai – Mubasher: Takaful Emarat – Insurance reported net losses attributable to the shareholders of AED 2.18 million during the first quarter (Q1) of 2020, against net profits of AED 323,635 in the year-ago period. The company's net takaful …
Financial Results
Takaful Emarat incurred accumulated losses of AED 55m
11 March 2020 08:38 AM Takaful Emarat logs AED 55m accumulated losses
Dubai – Mubasher: Takaful Emarat – Insurance incurred accumulated losses of AED 55.4881 million, representing 36.99% of its capital, as on 31 December 2019. The accumulated losses are attributed to reduced margin and incurred higher medical claims …
Corporate Actions
Revenue dropped to AED 599 million in 2019
14 February 2020 06:52 PM Takaful Emarat swings to profits in 2019
Dubai – Mubasher: Takaful Emarat – Insurance turned to profitability during the fiscal year 2019, according to a bourse statement. The company reported a net profit of AED 14 million last year, against a net loss of AED 38 million a year earlier. …
Stock Evaluations
Al Sharif appointment is subject to competent authorities' approval
5 November 2019 11:27 AM Takaful Emarat hires new CEO
Dubai – Mubasher: The board of Takaful Emarat – Insurance has approved the appointment of Wael Al Sharif as new CEO. The appointment of Al Sharif is subject to the approval of the competent authorities, the company said in a bourse statement …
Management Decisions
Net takaful income retreated to AED 12.43 million
27 October 2019 02:12 PM Takaful Emarat incurs AED 19m loss in Q3
Dubai – Mubasher: Takaful Emarat – Insurance reported a consolidated loss attributable to shareholders of AED 19.08 million during the third quarter of 2019, against a profit of AED 6.66 million in the year-ago period. Net takaful income retreated …
Financial Results
Foreigners shall not own more than 25% of the company’s capital
9 October 2019 06:30 AM Takaful Emarat raises shareholding stake for foreigners to 49%
Dubai – Mubasher: Takaful Emarat – Insurance, listed on the Dubai Financial Market (DFM), announced its general assembly has approved to amend Article 7 of the company’s memorandum of association regarding shareholding percentage, subject to the …
General Assembly
Takaful Emarat's board approves to appoint new CEO
26 September 2019 08:21 AM Takaful Emarat to appoint new CEO
Dubai – Mubasher: Takaful Emarat Insurance, listed on the Dubai Financial Market (DFM), announced that its board of directors has approved to appoint Wael Al Sharif as the company’s CEO. This decision is subject to relevant authorities’ approvals …
Company News
Al Hawari will be a non-executive board member
23 September 2019 11:55 AM Takaful Emarat’s managing director resigns
Dubai – Mubasher: Takaful Emarat Insurance, listed on the Dubai Financial Market (DFM), said that the company’s managing director Mohammad Al Hawari has resigned from his position. Accordingly, Al Hawari will be a non-executive member of the board …
Management Decisions
The board accepted the appointment of Tammam Abdullah as acting CEO
25 August 2019 06:56 AM Takaful Emarat appoints new acting CEO
Dubai – Mubasher: Takaful Emarat Insurance, listed on the Dubai Financial Market (DFM), announced that its board of directors has approved the resignation of CEO Fadi Jawdat Hindi. Additionally, the board accepted the appointment of Tammam …
Board of Directors
Takaful Emarat has not announced in its release the new CEO
20 August 2019 07:11 AM Takaful Emarat’s CEO resigns
Dubai – Mubasher: Takaful Emarat Insurance announced the resignation of its CEO Fadi Jawdat Hindi, according to a bourse disclosure to the Dubai Financial Market (DFM) on Tuesday. The resignation of Takaful Emarat’s CEO shall be effective from 18 …
Company News
Earnings per share stood at AED 0.008 in Q2-19
24 July 2019 07:32 AM Takaful Emarat posts Q2 interim consolidated financial results
Dubai – Mubasher: Takaful Emarat - Insurance, listed on the Dubai Financial Market (DFM), announced it has achieved an interim condensed consolidated profit attributable to shareholders of AED 1.87 million for the second quarter of 2019, versus …
Financial Results
Profit per share stood at AED 0.002 at the end of March
14 May 2019 08:19 AM Takaful Emarat's net takaful income falls to AED 21m in Q1
Dubai – Mubasher: Takaful Emarat – Insurance, listed on the Dubai Financial Market (DFM), revealed that its profit attributable to shareholders totalled AED 323,635 for the first quarter of 2019, versus AED 2.45 million in the prior-year period. …
Financial Results
The company will distribute total dividends of around AED 10.5 million
26 March 2019 00:19 PM Takaful Emarat OKs 7 fils/shr dividend for FY18
Dubai – Mubasher: Takaful Emarat on Tuesday announced that its general assembly had approved distributing a cash dividend of 7 fils per share to the shareholders for the year ended 31 December 2018. The company will distribute total dividends of …
Cash Dividends
4 March 2019 02:29 PM Takaful Emarat logs AED 14m profit in 2018
Dubai – Mubasher: Takaful Emarat, the Dubai Financial Market (DFM)-listed company, on Monday reported a profit increase for the full-year 2018. Net profits recorded AED 14 million last year, compared to AED 8 million in 2017, the company’s …
Financial Results
Takaful Emarat to complete Al Hilal Takaful acquisition soon - CEO
20 November 2018 07:47 AM Takaful Emarat to complete Al Hilal Takaful acquisition soon - CEO
By: Mahmoud Gamal Dubai – Mubasher: Takaful Emarat has completed all the necessary requirements and received the final approval from the Insurance Authority as the Company aims to complete its acquisition of Al Hilal Takaful in the short term, …
Companies Investments
The company’s profit surged 528% to AED 9.057 million in 9M
14 November 2018 09:30 AM Takaful Al Emarat generates AED 6.6m profit in Q3
Dubai – Mubasher: Takaful Al Emarat Insurance Co on Wednesday reported a 1,320.5% year-on-year surge in its net profits during the third quarter of 2018. The firm’s net profit attributable to shareholders reached AED 6.66 million by the end of …
Financial Results