IslamicFinance.de

Abu Dhabi National Takaful Co. PSC (ADNTC) released its financial results as at end of second quarter on 30 June 2018. The company announced a combined net profit of AED 48.6 million, achieving a growth of 19% compared to AED 41 million for the same period last year. The technical profit reached AED 60 million showing an increase of 9% compared to AED 55.2 and the underwriting profit reached AED 36.4 million showing an increase of 6% compared to AED 34.2 million for the same period last year. According to CEO Osama Abdel Raouf Abdeen, the underwriting profit of AED 36.4 million for the first half of 2018 is an indication of the company's credibility as the leading takaful operator in the region.