Dubai-Mubasher: The shareholders of Dubai Islamic Insurance and Reinsurance Co. (AMAN) approved the board’s recommendation to freeze dividend payout for 2015.
The shareholders gave the go-ahead to retain earnings to coming years, according to a bourse statement.
The shareholders also gave the go-ahead to the board’s report on AMAN’s activity and financial position for the fiscal year 2015.
The company earned a net profit of AED 41.2 million during the fiscal year 2015, with a 45% of improvement from before, AMAN’s CEO Mohammed Al-Muhairi.
The company’s results also reflected positively on its sister companies, Amity and Technique, he added.
