Dubai – Mubasher: Dar Takaful reported net profits of AED 226,000 ($61,500) in the first quarter of 2015 compared to AED 2.06 million ($560,000) in the same period of 2014, a drop of 89%, according to a filing to the Dubai Financial Market (DFM).

The company previously posted an annual profit leap of 443% to AED 4.56 million in 2014, up from AED 840,700 in 2013.