International Takaful announces its financial results for the three months ending March 31, 2025 AD

The Board of Directors of the International Takaful Company (TAKAFUL) has approved the financial results of the company for the period ending on March 31, 2025 AD. Where the net profit returned to shareholders before the tax reached 481 thousand Bahraini dinars for the three months ending on March 31, 2025 m, compared to a net profit of 393 thousand Bahraini dinars in the same period in the previous year, an increase of 22%.

The net profit belonging to the shareholders after the tax reached 422 thousand Bahraini dinars for the three months ending on March 31, 2025 m, compared to a net profit of 393 thousand Bahraini dinars in the same period in the previous year.

The return on the stock was 4.96 fils for the three -month period ending on March 31, 2025 AD, compared to 4.62 fils per share for the same period in the previous year. The comprehensive income for the three -month period ended on March 31, 2025 AD, 442 thousand Bahraini dinars, compared to 345 thousand Bahraini dinars for the same period in the previous year, an increase of 28%.

The total profits of the company before the tax reached 639 thousand Bahraini dinars during the first quarter of the year 2025 compared to 546 thousand Bahraini dinars for the same period in the previous year, an increase of 17%; This increase in the company’s profits is due to the high income of investments and insurance operations during the first quarter.

The shareholders fund achieved a profit before the tax of 481 thousand Bahraini dinars during the first quarter of the year 2025 compared to a profit of 393 thousand Bahraini dinars for the same period in the previous year, an increase of 22%. As for the Takaful Fund, it is a sacral before the tax of 158 thousand Bahraini dinars during the first quarter of the year 2025 compared to a surplus of 153 thousand Bahraini dinars for the same period in the previous year, an increase of 3%.

The installed solidarity contributions reached 6.84 million Bahraini dinars during the first quarter of the year 2025 AD compared to 5.89 million Bahraini dinars for the same period in the previous year, an increase of 16%. The costs of solid solidarity reached 5.73 million Bahraini dinars during the first quarter of the year 2025 m, compared to 4.71 million Bahraini dinars for the same period in the previous year, an increase of 22%.

The total of property rights reached 12.06 million Bahraini dinars, as on March 31, 2025 m, compared to 12.68 million Bahraini dinars, as on December 31, 2024 AD, a decrease of 5%.

The total assets of the company amounted to 46.62 million Bahraini dinars, as on March 31, 2025 m, compared to 43.83 million Bahraini dinars, as on December 31, 2024 AD, an increase of 6%.

In light of the results achieved by the company during the three -month period ending on March 31, 2025, Mr. Ibrahim Al -Rayes, Chairman of the company, stated that the company has achieved satisfactory results in the interdependence and investment operations.

This positive performance comes as a result of the continuous focus on enhancing operational efficiency, developing insurance products and services, as well as conservative management of risks.

On the other hand, the performance of the investment portfolio had a pivotal role in supporting financial results. Where the company was able to achieve good investment returns, as a result of following a balanced investment policy that takes into account diversification and avoiding high risk investments, with a special focus on sustainable growth opportunities.

In conclusion, we express our deep appreciation for the confidence of shareholders and customers in the company, and for the distinguished work team that is the main pillar of our successes.

For his part, Mr. Essam Al -Ansari, CEO of the company, affirmed that the company achieved good financial results during the period ending March 31, 2025, explaining that the company was able to achieve growth in insurance contributions of 16% and maintained its good investment performance during the period ending on March 31, 2025 AD.

Our strategic partnerships with business partners have also been an essential element in expanding our insurance services and accessing new segments of customers through innovative solutions and effective digital channels.

In the context of our commitment to the continuous development of business, the company continues to invest in developing its digital capabilities and enhancing innovation in providing products and services, in a manner that ensures the rapid response to market changes and customer expectations, in addition to preserving the financial solvency that meets the requirements of insurance operations and enhances the confidence of shareholders.

The company also continues its commitment to its social responsibility through sustainable societal initiatives in the context of its integrated vision of responsible growth and the positive impact.