Reported Earnings • Jun 07
First quarter 2026 earnings released First quarter 2026 results: Net income: د.إ2.33m (up د.إ4.01m from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Board Change • Jun 05
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Director Maha Khadem Khalfan Al Mheiri was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • May 12
Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) to Report Q1, 2026 Results on May 19, 2026 Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) announced that they will report Q1, 2026 results on May 19, 2026 Announcement • Apr 13
Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C), Annual General Meeting, Apr 30, 2026 Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C), Annual General Meeting, Apr 30, 2026, at 12:00 Arabian Standard Time. Location: dubai United Arab Emirates Reported Earnings • Apr 09
Full year 2025 earnings released: EPS: د.إ0.036 (vs د.إ0.13 loss in FY 2024) Full year 2025 results: EPS: د.إ0.036 (up from د.إ0.13 loss in FY 2024). Revenue: د.إ44.2m (down 35% from FY 2024). Net loss: د.إ866.7k (loss narrowed 97% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Announcement • Mar 18
Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) to Report Fiscal Year 2025 Results on Mar 24, 2026 Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) announced that they will report fiscal year 2025 results on Mar 24, 2026 Board Change • Dec 29
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). Director Maha Khadem Khalfan Al Mheiri was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Dec 18
Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) to Report Q3, 2025 Results on Dec 25, 2025 Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) announced that they will report Q3, 2025 results on Dec 25, 2025 Announcement • Sep 19
Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C), Annual General Meeting, Sep 25, 2025 Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C), Annual General Meeting, Sep 25, 2025, at 12:00 Arabian Standard Time. Reported Earnings • Apr 23
Full year 2024 earnings released: د.إ0.13 loss per share (vs د.إ0.005 profit in FY 2023) Full year 2024 results: د.إ0.13 loss per share (down from د.إ0.005 profit in FY 2023). Net loss: د.إ28.4m (down د.إ29.5m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Board Change • Apr 21
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). Director Maha Khadem Khalfan Al Mheiri was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Jan 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (د.إ79.0m market cap, or US$21.5m). Reported Earnings • Dec 27
Third quarter 2024 earnings released: د.إ0.012 loss per share (vs د.إ0.03 profit in 3Q 2023) Third quarter 2024 results: د.إ0.012 loss per share (down from د.إ0.03 profit in 3Q 2023). Revenue: د.إ20.6m (up 332% from 3Q 2023). Net loss: د.إ2.63m (down 139% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Board Change • Dec 25
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). Director Maha Khadem Khalfan Al Mheiri was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Aug 13
Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) to Report First Half, 2024 Results on Aug 14, 2024 Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) announced that they will report first half, 2024 results on Aug 14, 2024 New Risk • May 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Emirian stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.1% average weekly change). Revenue is less than US$1m. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (د.إ89.2m market cap, or US$24.3m). Reported Earnings • Apr 23
Full year 2023 earnings released: EPS: د.إ0.005 (vs د.إ0.045 loss in FY 2022) Full year 2023 results: EPS: د.إ0.005 (up from د.إ0.045 loss in FY 2022). Net income: د.إ1.11m (up د.إ11.2m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Board Change • Apr 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Omran Mohammed Saleh Mahmood Al Khoori was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Emirian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (د.إ117.2m market cap, or US$31.9m). Reported Earnings • Nov 16
Third quarter 2023 earnings released: EPS: د.إ0.03 (vs د.إ0.005 loss in 3Q 2022) Third quarter 2023 results: EPS: د.إ0.03 (up from د.إ0.005 loss in 3Q 2022). Revenue: د.إ4.77m (down 87% from 3Q 2022). Net income: د.إ6.74m (up د.إ7.97m from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. New Risk • Oct 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-د.إ27m free cash flow). Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (د.إ108.1m market cap, or US$29.4m). Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: د.إ0.046 (vs د.إ0.023 loss in 2Q 2022) Second quarter 2023 results: EPS: د.إ0.046 (up from د.إ0.023 loss in 2Q 2022). Revenue: د.إ1.66m (down 95% from 2Q 2022). Net income: د.إ10.4m (up د.إ15.6m from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 22
First quarter 2023 earnings released First quarter 2023 results: Revenue: د.إ3.65m (down 90% from 1Q 2022). Net loss: د.إ6.38m (down د.إ6.47m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Dec 31
Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA) agreed to acquire Insurance Portfolio of Dubai Islamic Insurance and Reinsurance Company PSC (AMAN) from Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) (DFM:AMAN) Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA) agreed to acquire Insurance Portfolio of Dubai Islamic Insurance and Reinsurance Company PSC (AMAN) from Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) (DFM:AMAN) on December 29, 2022. The transaction is subject to regulatory approval. The transaction is subject to approval from board of directors of both the companies. The combined insurance portfolios will operate under the SALAMA brand name. The transaction is expected to close in first quarter of 2023. Reported Earnings • Nov 20
Third quarter 2022 earnings released: د.إ0.02 loss per share (vs د.إ0.026 profit in 3Q 2021) Third quarter 2022 results: د.إ0.02 loss per share (down from د.إ0.026 profit in 3Q 2021). Revenue: د.إ37.5m (up 13% from 3Q 2021). Net loss: د.إ1.23m (down 121% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Omran Mohammed saleh Mahmood Al Khoori was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 17
Second quarter 2022 earnings released: د.إ0.023 loss per share (vs د.إ0.025 profit in 2Q 2021) Second quarter 2022 results: د.إ0.023 loss per share (down from د.إ0.025 profit in 2Q 2021). Revenue: د.إ34.4m (up 4.8% from 2Q 2021). Net loss: د.إ5.19m (down 193% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 19
First quarter 2022 earnings released: EPS: د.إ0 (vs د.إ0.028 in 1Q 2021) First quarter 2022 results: EPS: د.إ0 (down from د.إ0.028 in 1Q 2021). Revenue: د.إ35.0m (up 14% from 1Q 2021). Net income: د.إ86.6k (down 99% from 1Q 2021). Profit margin: 0.2% (down from 21% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 31% per year. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Omran Mohammed saleh Mahmood Al Khoori was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 04
Full year 2021 earnings released: EPS: د.إ0.054 (vs د.إ0.085 in FY 2020) Full year 2021 results: EPS: د.إ0.054 (down from د.إ0.085 in FY 2020). Revenue: د.إ136.5m (flat on FY 2020). Net income: د.إ12.3m (down 36% from FY 2020). Profit margin: 9.0% (down from 14% in FY 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 21
Third quarter 2021 earnings released: EPS د.إ0.026 (vs د.إ0.008 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: د.إ51.6m (up 47% from 3Q 2020). Net income: د.إ5.77m (up 221% from 3Q 2020). Profit margin: 11% (up from 5.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 25% per year. Executive Departure • Aug 27
Executive Director of Finance & Investment Abdul Moopentakath has left the company On the 22nd of August, Abdul Moopentakath's tenure as Executive Director of Finance & Investment ended. We don't have any record of a personal shareholding under Abdul's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 6.08 years. Executive Departure • Jul 06
Director Abdulrahman Ahmed Senan has left the company On the 28th of June, Abdulrahman Ahmed Senan's tenure as Director ended after 5.1 years in the role. We don't have any record of a personal shareholding under Abdulrahman Ahmed's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 6.00 years. Executive Departure • Jul 06
Director Muhammad Al Hosani has left the company On the 28th of June, Muhammad Al Hosani's tenure as Director ended. We don't have any record of a personal shareholding under Muhammad's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 6.00 years. Executive Departure • Jul 06
Vice Chairman Mohamed Bin Bin Yousef Ahmed Al Mheiri has left the company On the 28th of June, Mohamed Bin Bin Yousef Ahmed Al Mheiri's tenure as Vice Chairman ended. As of March 2021, Mohamed Bin still personally held 12.96m shares (د.إ14m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 6.00 years. Reported Earnings • May 19
First quarter 2021 earnings released: EPS د.إ0.028 (vs د.إ0.018 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: د.إ49.1m (up 54% from 1Q 2020). Net income: د.إ6.40m (up 57% from 1Q 2020). Profit margin: 13% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 20% share price gain to د.إ1.08, the stock is trading at a trailing P/E ratio of 27x, up from the previous P/E ratio of 22.5x. This compares to an average P/E of 9x in the Insurance industry in United Arab Emirates. Total returns to shareholders over the past three years are 33%.