UAE - Aman sees 14% higher profits in 9M
Monday, 11 16 2020, Category: Islamic Insurance, Country: U.A.E
The net profits attributable to the shareholders of Dubai Islamic Insurance and Reinsurance Company (Aman) increased by 14% to AED 9.94 million in the first nine months of 2020 from AED 8.7 million in the same period of 2019.
The company's net takaful income reached AED 55.54 million in the January-June period of 2020, down from AED 61.32 million in the year-ago period, according to the company's financial results for the period ended on 30 September 2020.
Meanwhile, the company's net earned takaful contributions rose to AED 74.149 million in the first nine months of 2020 from AED 53.008 million in the corresponding period of 2019.