Principal Activities
Provides Islamic non-life insurance services; life insurance services.
Date of Establishment Year
2003 (November)
No of Employees
86 Company, N/A Headquarters (As of Mar 26, 2011)
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Address:
Abu Dhabi Islamic Bank Building 3rd and 4th Floor Bainuna Street Al Bateen Area P.O. Box 35335 Abu Dhabi
United Arab Emirates
Tel: +971 2-410-7700 Fax: +971 2-410-7800 Website:
www.takaful.ae
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Major Shareholders  |
Section Updated: 27Apr09
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Abu Dhabi Islamic Bank
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Corporate |
UAE |
40.00% |
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Bond Investment
|
Corporate |
UAE |
6.15% |
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Public
|
|
- |
53.85% |
100%
Nationals
0%
GCC Nationals
0%
Other Arabs
0%
Foreigners
0%
GCC Nationals
0%
Foreigners
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Direct Investments and Related Entities  |
| Investments |
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| Abu Dhabi Islamic Securities Company [ADIB Securities] |
UAE |
5.00% |
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Auditors
| Ernst and Young Abu Dhabi |
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Banks
Law Firms
| Hadef Al Dhahiri and Associates |
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| Financial Results |
31-Dec-09 |
31-Dec-10 |
Yr on Yr |
| |
AED'000 |
AED'000 |
change (%) |
Net profit  |
2,582
|
21,002
|
713.32 |
| Total assets |
340,656
|
336,937
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(1.09) |
| Paid-up capital |
66,000
|
72,600
|
10.00 |
| Shareholders' Equity |
106,214
|
126,280
|
18.89 |
| Shares outstanding |
66,000
|
72,600
|
10.00 |
| Market capitalization |
312,180
|
229,416
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(26.51) |
| Note: Current shares outstanding is 90,750,000 |
| » View Full Financials |
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