April 26, 2018 5:30 PM ET

Insurance

Company Overview of Takaful International Company B.S.C.

Company Overview

Takaful International Company B.S.C. operates as an Islamic insurance company in the Kingdom of Bahrain and the State of Qatar. It operates through Motor and General Accident, Fire, Marine, and Medical Takaful segments. The company offers motor insurance products; and family takaful and healthcare insurance products, including family, education, saving, travel, Hajj and Omrah, term, and group health insurance. It also provides property and casualty insurance products, such as fire, allied perils, burglary, homes and dwellings, domestic servants, and personal accidents insurance; and general takaful insurance products comprising property, engineering, marine cargo and hull, and general accide...

Building No. 680

Road 2811

Seef District 428

Manama,  

Bahrain

Founded in 1989

Phone:

973 17 565 656

Fax:

973 17 582 688

Key Executives for Takaful International Company B.S.C.

Takaful International Company B.S.C. does not have any Key Executives recorded.

Takaful International Company B.S.C. Key Developments

Takaful International Company Announces Chief Executive Officer Changes

Takaful International Company announced the retirement of Younis J. Al Sayed, Chief Executive Officer, effective April 30, 2018. The company announced that Essam M. Al Ansari, General Manager, will resume the role of Acting Chief Executive Officer, Effective May 1, 2018.

Takaful International Company B.S.C., Annual General Meeting, Mar 21, 2018

Takaful International Company B.S.C., Annual General Meeting, Mar 21, 2018, at 09:30 Coordinated Universal Time. Agenda: To approve the previous minutes of AGM held on March 22, 2017; to discuss and approve the Board of Directors report for the financial year ended December 31, 2017; to receive the Sharia'a Supervisory Board report for the financial year ended December 31, 2017; to receive the statutory auditor's report on the financial statements for the year ended December 31, 2017; to discuss and approve the financial statements for the year ended December 31, 2017; to discuss and approve the Corporate Governance report for the year 2017 and the company's compliance with Central Bank of Bahrain's requirements; to discharge the Board of Directors for all the matters related to their conduct for the financial year ended December 31, 2017; to appoint/re-appoint the Shari'a Supervisory Board Members for the financial year 2018; ; to elect board members for the upcoming three years subject to the approval of the Central Bank of Bahrain; and to transact other matters.

Takaful International Company B.S.C. Reports Earnings Results for the Full Year Ended December 31, 2017

Takaful International Company B.S.C. reported earnings results for the full year ended December 31, 2017. For the year, the company reported net profit attributable to equity shareholders of BHD 23,140 compared to BHD 396,607 a year ago. Profit per equity share was 0.37 fils against of 6.35 fils a year ago.

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