Takaful Oman Insurance SAOG (TAOI)

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News

16 April 2017 01:27 PM Takaful Oman profits drop 21% in Q1

Mubasher: Takaful Oman Insurance on Sunday reported a decline of 21.46% in profits for the first quarter for 2017 on a year-on-year basis. The company’s profits reached OMR 786,470 ($2.04 million) in Q1-17, compared to OMR 1 million ($2.59 …

Financial Results

13 March 2017 04:49 PM Takaful Oman profits rise 4% in Q4

Mubasher: Takaful Oman Insurance Company reported a 3.8% increase in profits for the fourth quarter of 2016 compared to the same period in 2015. Profits reached OMR 619,290 ($1.6 million) in Q4-16, a rise compared to OMR 596,650 ($1.55 million) in …

Financial Results

13 March 2017 00:20 PM Takaful Oman profits rise 4% in Q4

Mubasher: Takaful Oman Insurance reported a growth in profits for the fourth quarter of 2016 by 3.8% year-on-year, as shown by the company’s financial statements. Profits totalled OMR 619,290 ($1.6 million) in Q4-16 compared to OMR 596,650 ($1.55 …

Financial Results

6 November 2016 01:08 PM Omani insurance sector shifts to losses in Q3

By: Islam Fadl Mubasher: The insurance companies listed on the Muscat Securities Market (MSM) suffered a net losses of OMR 1.77 million ($4.58 million) in the third quarter of fiscal 2016, compared to a total profit of OMR 628,600 ($1.63 million) …

Financial Results

13 October 2016 11:21 AM Takaful Oman posts 79% rise in Q3 profit

Mubasher: Takaful Oman Insurance’s net profit for the third quarter of the fiscal year 2016 rose by 78.5% to OMR 510,000 ($1.32 million), versus OMR 285,680 for Q3-15. In the first nine months of 2016, net profit grew 93.6% to OMR 2.13 million …

Financial Results

17 July 2016 01:05 PM Takaful Oman profits leap 257% in Q2

Mubasher: Takaful Oman Insurance Company on Sunday posted a profit of OMR 620,000 ($1.59 million) in Q2-16, a surge of 256.8% from OMR 173,780 ($446,790) in Q2-15. At the level of the first half of 2015, the insurance company posted a 99% growth …

Financial Results

11 February 2016 11:51 AM Takaful Oman swings to profit in Q4-15

Mubasher: Takaful Oman Insurance reported profits of OMR 600,000 ($1.55 million) in the fourth quarter of 2015, against losses of OMR 325,200 ($841,700) in the same quarter of 2014, according to a bourse filing onThursday. The company reported …

Financial Results

4 November 2015 11:29 AM Al Izz Islamic Bank signs MoU with Takaful Oman

Mubasher: Al Izz Islamic Bank  has signed a memorandum of understanding (MoU) with Takaful Oman Insurance, to t provide the bank’s customers with motor Takaful policies at special rates. Takaful Oman will issue motor Takaful policies from the …

Companies Investments

14 October 2015 01:07 PM The Management of Takaful Oman Insurance SAOG is pleased to announce the Unaudited Financial Statement for Third Quarter ended 30 September 2015

The Management of Takaful Oman Insurance SAOG is pleased to announce the Unaudited Financial Statement for Third Quarter ended 30 September 2015. The following are the financial highlights (Amounts in RO):   Shareholders Account   Jan- Sep 2015 …

14 May 2015 11:53 AM The announcement of the resignation from the Board of Directors

The announcement of the resignation of Sheikh / Nasr bin Amer Al Hosni from the Board of Directors - Takaful Insurance Company SAOG Oman and will disclose alternative later

15 April 2015 07:39 AM The Management of Takaful Oman Insurance SAOG is pleased to announce the Unaudited Financial Statement for First Quarter ended 31 March 2015

  The Management of Takaful Oman Insurance SAOG is pleased to announce the Unaudited Financial Statement for First Quarter ended 31 March 2015. The following are the financial highlights (Amounts in RO): Shareholders Account   …

23 March 2015 09:03 AM Decision in the Annual General Meeting of Takaful Oman Insurance SAOG held on 22nd March 2015

1-       The Director’s Report for the financial year ended 31st December 2014 was approved. 2-       The Corporate Governance Report for the financial year ended 31st December 2014 was …

8 March 2015 08:55 AM Invitation to attend the Annual General Meeting

The Chairman and the members of the Board of Directors of Takaful Oman Insurance SAOG take pleasure in inviting all its Shareholders to the Annual Ordinary General Meeting to be held on Sunday 22 March 2015 at Al Batna Hall in Oman Chamber of …

22 January 2015 08:43 AM Audit Committee and Board approved Financial Statements

We would like to announce that the Audit Committee and Board Meeting of Takaful Oman Insurance SAOG was held on January 21, 2015 (Wednesday). The Board has approved the Audited Financial Statements for 2014.  1)     Statement of Shareholders …

14 September 2014 03:38 PM Revised MSM Sharia Index begins trading Sunday

The Muscat Securities Market (MSM) has revealed that the revised Shariah Index, which consists of 32 listed companies, will begin trading on Sunday, September 14, reported Muscat Daily, adding that MSM revises the sample …

Banking and Finance

28 August 2014 04:30 PM Industrial sector leads MSM up for second session amid high liquidity

Muscat Securities Market (MSM) indices ended Thursday in the green as the market’s benchmark index MSM30 rose for the second successive session, adding 0.21% or 15.39 pts to 7361.15 pts, while Al Sharia Index edged up …

Trading Activities

26 August 2014 11:08 AM Eight national insurance firms in Oman to list shares within three years

As many as eight locally incorporated insurance companies, including a reinsurance firm, will offer their shares for public subscription within three years to comply with the recent amendments in insurance law, reported Times of Oman, …

Initial Public Offerings