The Board of Directors of the International Takaful Company approved the results of the financial company for the period ending on March 31, 2025, where the net profit returned to shareholders before the tax reached 481 thousand dinars for the three months ending on March 31, 2025 compared to a net profit of 393 thousand dinars in the same period in the previous year, an increase of 22%.
The net profit returning to shareholders after the tax reached 422 thousand dinars for the three months ending on March 31, 2025 compared to a net profit of 393 thousand dinars in the same period in the previous year.
The return on the stock was 4.96 fils for the three -month period ending on March 31, 2025, compared to 4.62 fils per share for the same period in the previous year.
The comprehensive income for the three -month period ended on March 31, 2025 AD, 442 thousand dinars, compared to 345 thousand dinars for the same period in the previous year, an increase of 28%.
The total profits of the company before the tax reached 639 thousand dinars during the first quarter of the year 2025 compared to 546 thousand dinars for the same period in the previous year, an increase of 17%; This increase in the company’s profits is due to the high income of investments and insurance operations during the first quarter.
The shareholders fund achieved a profit before the tax of 481 thousand dinars during the first quarter of the year 2025 compared to a profit of 393 thousand dinars for the same period in the previous year, an increase of 22%.
As for the Takaful Fund, it is a sacrifice before the tax of 158 thousand dinars during the first quarter of the year 2025 compared to a surplus of 153 thousand dinars for the same period in the previous year, an increase of 3%.
The installed solidarity contributions reached 6.84 million dinars during the first quarter of the year 2025 compared to 5.89 million dinars for the same period in the previous year, an increase of 16%.
The costs of solid solidarity reached 5.73 million dinars during the first quarter of the year 2025 compared to 4.71 million dinars for the same period in the previous year, an increase of 22%.
The total property rights amounted to 12.06 million dinars, as on March 31, 2025, compared to 12.68 million dinars, and on December 31, 2024, a decrease of 5%.
The total assets of the company amounted to 46.62 million dinars, as on March 31, 2025, compared to 43.83 million dinars, as on December 31, 2024, an increase of 6%.
The Chairman of the company, Ibrahim Al -Rayes, confirmed that the company has achieved satisfactory results in the interdependence and investment operations.
“This positive performance comes as a result of the continuous focus on enhancing operational efficiency, developing insurance products and services, as well as the conservative management of risks and the performance of the investment portfolio has a pivotal role in supporting financial results. The company was able to achieve good investment returns, as a result of a balanced investment policy that takes into account diversification and avoiding investments with high risks, with special focus on growth opportunities Sustainable.
Al -Rayes expressed his appreciation for the confidence of shareholders and customers in the company, and for the distinguished work team that is the basic pillar of our successes.
For his part, the CEO of the company, Issam Al -Ansari, stressed that the company achieved good financial results during the period ending March 31, 2025, explaining that the company was able to achieve growth in insurance contributions of 16% and maintained its good investment performance during the period ending March 31, 2025.
He added, “Our strategic partnerships with business partners were a main element in expanding our insurance services and accessing new segments of customers through innovative solutions and effective digital channels.”
He explained that in the context of our commitment to the continuous development of business, the company continues to invest in developing its digital capabilities and enhancing innovation in providing products and services, in a manner that ensures the rapid response to market changes and customer expectations, in addition to preserving the financial solvency that meets the requirements of insurance operations, and enhances the confidence of shareholders.
The company also continues its commitment to its social responsibility through sustainable societal initiatives in the context of its integrated vision of responsible growth and the positive impact.
