Announcement • Apr 07
Sukoon Takaful PJSC, Annual General Meeting, Apr 27, 2026 Sukoon Takaful PJSC, Annual General Meeting, Apr 27, 2026, at 11:00 Arabian Standard Time. Location: dubai United Arab Emirates Reported Earnings • Jan 29
Full year 2025 earnings released Full year 2025 results: Revenue: د.إ238.9m (up 156% from FY 2024). Net income: د.إ35.3m (up 86% from FY 2024). Profit margin: 15% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Jan 26
Sukoon Takaful PJSC to Report Fiscal Year 2025 Results on Jan 28, 2026 Sukoon Takaful PJSC announced that they will report fiscal year 2025 results on Jan 28, 2026 Announcement • Oct 24
Sukoon Takaful PJSC to Report Q3, 2026 Results on Oct 29, 2025 Sukoon Takaful PJSC announced that they will report Q3, 2026 results on Oct 29, 2025 Board Change • Sep 23
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. 7 non-independent directors. Board Member Hamda Moosa Abdulla AlShamali was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to د.إ1.45, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 9x in the Insurance industry in United Arab Emirates. Total loss to shareholders of 32% over the past three years. Reported Earnings • Jul 28
Second quarter 2025 earnings released: EPS: د.إ0.027 (vs د.إ0.017 in 2Q 2024) Second quarter 2025 results: EPS: د.إ0.027 (up from د.إ0.017 in 2Q 2024). Revenue: د.إ34.6m (up 44% from 2Q 2024). Net income: د.إ4.12m (up 56% from 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 24
Second quarter 2025 earnings released: EPS: د.إ0.027 (vs د.إ0.017 in 2Q 2024) Second quarter 2025 results: EPS: د.إ0.027 (up from د.إ0.017 in 2Q 2024). Revenue: د.إ62.1m (up 158% from 2Q 2024). Net income: د.إ4.12m (up 56% from 2Q 2024). Profit margin: 6.6% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Jul 21
Sukoon Takaful PJSC to Report Q2, 2025 Results on Jul 23, 2025 Sukoon Takaful PJSC announced that they will report Q2, 2025 results on Jul 23, 2025 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to د.إ1.28, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 11x in the Insurance industry in United Arab Emirates. Total loss to shareholders of 40% over the past three years. Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: د.إ0.035 (vs د.إ0.02 in 1Q 2024) First quarter 2025 results: EPS: د.إ0.035 (up from د.إ0.02 in 1Q 2024). Revenue: د.إ52.6m (up 192% from 1Q 2024). Net income: د.إ5.42m (up 77% from 1Q 2024). Profit margin: 10% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Apr 24
Sukoon Takaful PJSC to Report Q1, 2025 Results on Apr 24, 2025 Sukoon Takaful PJSC announced that they will report Q1, 2025 results on Apr 24, 2025 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. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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 • Feb 27
Sukoon Takaful PJSC, Annual General Meeting, Mar 20, 2025 Sukoon Takaful PJSC, Annual General Meeting, Mar 20, 2025, at 11:00 Arabian Standard Time. Board Change • Feb 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. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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 • Jan 24
Sukoon Takaful PJSC to Report Fiscal Year 2024 Final Results on Jan 28, 2025 Sukoon Takaful PJSC announced that they will report fiscal year 2024 final results on Jan 28, 2025 Announcement • Jan 14
Sukoon Takaful PJSC to Report Fiscal Year 2024 Results on Jan 17, 2025 Sukoon Takaful PJSC announced that they will report fiscal year 2024 results on Jan 17, 2025 Board Change • Jan 06
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. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Dec 04
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. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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 • Oct 21
Sukoon Takaful PJSC to Report Q3, 2024 Results on Oct 24, 2024 Sukoon Takaful PJSC announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: د.إ0.017 (vs د.إ0.061 loss in 2Q 2023) Second quarter 2024 results: EPS: د.إ0.017 (up from د.إ0.061 loss in 2Q 2023). Revenue: د.إ40.2m (up 10.0% from 2Q 2023). Net income: د.إ2.64m (up د.إ12.0m from 2Q 2023). Profit margin: 6.6% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Board Change • Jul 22
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. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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 • Jul 17
Sukoon Takaful PJSC to Report Q2, 2024 Results on Jul 23, 2024 Sukoon Takaful PJSC announced that they will report Q2, 2024 results on Jul 23, 2024 Board Change • Jun 26
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. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: د.إ0.02 (vs د.إ0.091 loss in 1Q 2023) First quarter 2024 results: EPS: د.إ0.02 (up from د.إ0.091 loss in 1Q 2023). Revenue: د.إ26.4m (down 31% from 1Q 2023). Net income: د.إ3.06m (up د.إ17.1m from 1Q 2023). Profit margin: 12% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Board Change • May 07
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. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Apr 15
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. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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 • Mar 30
Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance, Annual General Meeting, Mar 29, 2024 Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance, Annual General Meeting, Mar 29, 2024, at 07:00 Coordinated Universal Time. Location: Omar Bin Al Khattab Street, next to Al Ghurair Mall, Deira, Dubai United Arab Emirates Agenda: To approve the Board of Directors' Report on the Company's activity and its financial position for the fiscal year ended on 31/12/2023; to Adopt and approved the Auditor's Report for the fiscal year ended on 31/12/2023; to approve Shariah Supervisory Committee's Report; and to consider other matters. Board Change • Mar 21
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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 • Jan 23
Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance to Report Fiscal Year 2023 Results on Jan 25, 2024 Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance announced that they will report fiscal year 2023 results on Jan 25, 2024 Board Change • Jan 18
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Nov 10
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Announcement • Oct 21
Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance to Report Q3, 2023 Results on Oct 25, 2023 Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance announced that they will report Q3, 2023 results on Oct 25, 2023 Board Change • Oct 02
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Sep 07
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Aug 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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Jul 11
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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 • May 22
First quarter 2023 earnings released First quarter 2023 results: Revenue: د.إ48.0m (up 65% from 1Q 2022). Net loss: د.إ14.0m (loss widened د.إ13.3m from 1Q 2022). Board Change • May 11
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Apr 19
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Jan 11
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Nov 28
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Oct 24
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Sep 08
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Aug 22
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Jul 19
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • May 30
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Mar 24
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Jan 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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Nov 30
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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. Board Change • Nov 15
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. 7 non-independent directors. Deputy Chairman of the Board Majid Mohammed Al Kazim 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 • Mar 08
Full year 2020 earnings released: EPS د.إ0.19 (vs د.إ0.041 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: د.إ112.1m (down 9.1% from FY 2019). Net income: د.إ29.4m (up د.إ35.7m from FY 2019). Profit margin: 26% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 16% per year.