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Takaful International turns profitable in Q1

Takaful International turns profitable in Q1
Photo Credit: Arabianeye-Reuters

Mubasher: Takaful International yielded profits worth about BHD 136,000 ($37,000) during the first quarter of 2016, against losses worth approximately BHD 181,000 ($49,260) in the same period of 2015.

During the fiscal year 2015, the company posted losses worth around BHD 755,370, compared to nearly BHD 843,700 in FY14.