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- TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%
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- Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed
05/01/2015 20:33 AST
Bahrain-based Takaful International has announced fees sanctioned by its Shari'ah Supervisory Board for the financial year 2015.
The company's Wakala fee has been set at a maximum of 35 per cent for gross contributions. The percentage was agreed by the Shari'ah Supervisory Board at the end of the financial year based on the result achieved. This percentage in previous years has ranged between 20-25 per cent.
For managing participants' investment funds a Mudaraba profit share of 25 per cent of net investment returns has been set.
CPI Financial
27/01/2016
TAKAUD, the specialist savings, investments and pensions provider for the MENA region, and Takaful International , Bahrain's pioneering Islamic insurance company, are partnering to provide Takaful's
Press Release
22/06/2015
Takaful International Company and Copart Bahrain - one of the leading international companies specializing in electronic automotive auction sale, signed an agreement to regulate the sale of the damag
Press Release
24/02/2015
The Board of Directors (BOD) of Takaful International Company B.S.C. (TAKAFUL) decided in its meeting held on Monday 23/2/2015 not to distribute dividends to its shareholders for the financial year e
Stock Market News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.00 | 0.00 (0.00 |
| FAB | 15.86 | 0.06 (0.37 |
| EMIRATESNBD | 22.60 | 0.70 (3.19 |
| ADCB | 12.30 | 0.10 (0.81 |
| ADIB | 19.10 | 0.18 (0.95 |
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
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