Business

Amana Takaful announces interim dividend payment

Insurance Company, Amana Takaful Maldives on Wednesday announced an interim dividend payment to its shareholders for the first half of 2016.

The company announced an interim dividend of 5% on the face value of the issued shares based on the commendable performance in all aspects of the business for the first six months of 2016.

Amdna Takaful Maldives posted a profit of MVR4.5 million for the first half of this year.

According to the company, Gross Written Premium alone has grown 40% compared to the same period last year with noteworthy performance in each class of business. The company also announced a Shareholders profit of MVR3.2 million, after tax, for the period.

Amana Takaful Maldives is the first and only Shari'ah compliant company to be listed on the Maldives Stock Exchange that offers stocks in the equity market.