09 November 2011
Executives at Abu Dhabi National Takaful Company (ADNTC) should be all smiles this week as the firm has just posted its financial results.

For the first nine months of 2011 ADNTC made a net profit of AED21m ($5.72m). Compare this to the same period last year, AED16m ($4.4m), and that's a sizeable leap in the right direction.

Profit for the first three quarters was also up by some 18% to AED35.2m ($9.6m).

ADNTC was established in Abu Dhabi in November 2003 and was listed on the Abu Dhabi Securities Exchange in 2005.

ADNTC's products include motor, property, engineering, marine cargo, general accidents, liability, family, medical, and bank/financial Takaful.

© The Islamic Globe 2011