AMAN turns to losses in Q2

Dubai - Muasher: Dubai Islamic Insuranceand Reinsurance Company (AMAN) posted a net loss of AED 6.98 million ($1.9 million) in the second quarter of 2016, against a net profit of AED 6.81 million ($1.85 million) in the same period last year.

Losses from takaful transactions increased 59.4% to AED 14.23 million, from AED 8.93 million in Q2-15, while net revenues from takaful services declined 55.4% to AED 3.9 million down from AED 8.75 million.

Mubasher Contribution Time: 11-Aug-2016 11:09 (GMT)
Mubasher Last Update Time: 11-Aug-2016 11:09 (GMT)