National Takaful Company (Watania) P.J.S.C. (WATANIA.AD)

Also known as:  National Takaful Company, Watania, Watania Takaful

Watania Takaful announces resilient H1 2021 results strong return on equity performance at 13.5%

In spite of that, The National Takaful Company (Watania) demonstrated a disciplined performance maintaining its overall profitability and high ROE", said the Company's Chairman Dr. Ali Aldhaheri. "Liquidity will remain a challenge in the current market, but we are still pleased to report a ROE of 13.5% that was buoyed by the strong performance of our investment portfolio, which rose to AED6.7mn from AED3.9mn in the same half of 2020, a growth of 71%"

Press Release - 11-Aug-2021

Company information provided by Refinitiv

Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).

Peers

StocksLast Price% Change
AD COMMERCIAL BK8.510 AED3.402
BANK OF SHARJAH0.590 AED1.72
COMM BK INT'L0.650 AED0.00
INVEST BANK0.450 AED0.00
MASHREQ BANK75.000 AED0.00
DXB COMM BK4.440 AED5.71
More

Thursday Outlook: Dollar reigns at its highest in over a year; Asian shares wobble lower

Thursday Outlook: Dollar reigns at its highest in over a year; Asian shares wobble lower

Investors bet on interest rates rising more quickly in U.S than in other major economies

More

Most Viewed Stocks

Stock Screener

More