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

Takaful, Takaud partner for Sharia-compliant solutions

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

Takaful and Copart Bahrain sign MOU

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

Takaful International Company(TAKAFUL) No distribution of Dividends

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
TAKAFUL Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IHC 399.50 -0.10 (-0.03%)
FAB 17.06 0.04 (0.23%)
EMIRATESNBD 24.50 -1.20 (-4.67%)
INVESTB 0.45 0.00 (0.00%)
ADCB 13.70 -0.10 (-0.73%)
Energy is at the heart of AI revolution, says Aramco executive

26/11/2025

AI is driving generational opportunity across every industry, society, and economy - but at the crux of this global transformation is the crucial relationship between AI and energy, Aramco's Executiv

Arab News

Saudi FM company Efsim plans IPO, to list 30pc shares

26/11/2025

Efsim Facilities Management Company, a leading provider of integrated facilities management (IFM) services across the Kingdom of Saudi Arabia, today (November 25) announced its intention to proceed w

Trade Arabia

GFH Partners acquires majority stake in Devmark

26/11/2025

GFH Partners, a Dubai International Financial Center (DIFC) headquartered investment manager and the global real estate investment arm of GFH Financial Group, has acquired a majority stake in Devmark

Trade Arabia

Taqa, Sdeira launch landmark building retrofit project in Abu Dhabi

25/11/2025

Taqa Energy Services, a subsidiary of Abu Dhabi National Energy Company (Taqa), has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement one of the emirate's largest bu

Trade Arabia

Al Akaria signs framework agreement for Expo 2030 Riyadh early works

25/11/2025

Saudi Real Estate Company (Al Akaria) has announced the signing of a framework agreement with Expo 2030 Riyadh Company to execute the early works for the Expo 2030 Riyadh project.

The contra

Trade Arabia