International Takaful announces its financial results for the six months ending June 30, 2025

The Board of Directors of the International Takaful Company (TAKAFUL) has approved the company’s financial results for the period ending on June 30, 2025 AD.

Financial results for the three -month period ended on June 30, 2025

The net profit returned to shareholders after the tax reached 178 thousand Bahraini dinars for the three -month period ending on June 30, 2025, an increase of 10% compared to a net profit of 162 thousand Bahraini dinars for the same period in the previous year. The return on the stock was 2.1 fils for the three -month period ending on June 30, 2025, compared to 1.9 fils for the same period in the previous year. The comprehensive income returned to shareholders increased for the three -month period ending on June 30, 2025 to reach 149 thousand Bahraini dinars compared to 79 thousand Bahraini dinars for the same period in the previous year, an increase of 89%.

The total profits of the company before the tax amounted to 232 thousand Bahraini dinars during the second quarter of the year 2025 compared to 211 thousand Bahraini dinars for the same period in the previous year, an increase of 10%. The shareholders fund achieved a profit before the tax of 201 thousand Bahraini dinars during the second quarter of the year 2025 compared to a profit of 162 thousand Bahraini dinars for the same period in the previous year, an increase of 24%. This increase is due to the high income of investments during the period. While the Takaful Fund achieved a surplus before the tax of 31 thousand Bahraini dinars during the second quarter of the year 2025 compared to a surplus of 49 thousand Bahraini dinars for the same period in the previous year, a decrease of 37%. This decrease in the performance of the Takaful Fund is mainly due to the increase in claim reserves during the period compared to the same period in the previous year.

Also, the installed solidarity contributions amounted to 7.306 million Bahraini dinars for the three -month period ending on June 30, 2025 compared to 6.425 million Bahraini dinars for the same period in the previous year, an increase of 14%. The costs of solid solidarity reached 6.185 million BD for the three -month period ending on June 30, 2025 compared to 5.195 million Bahraini dinars for the same period in the previous year, an increase of 19%.

Financial results for the six -month period ended on June 30, 2025

The net profit returned to shareholders after the tax reached 600 thousand Bahraini dinars for the six -month period ending on June 30, 2025, an increase of 8% compared to a net profit of 555 thousand Bahraini dinars for the same period in the previous year. The return on the arrow rose to 7.07 fils compared to 6.52 fils for the same period in the previous year. The comprehensive income belonging to the shareholders for the six -month period ended on June 30, 2025, about 592 thousand Bahraini dinars, compared to 424 thousand Bahraini dinars for the same period in the previous year, an increase of 40%.

The total profits of the company before the tax amounted to 870 thousand Bahraini dinars during the six months ending on June 30, 2025 compared to 757 thousand Bahraini dinars for the same period in the previous year, an increase of 15%. The shareholders fund achieved a profit before the tax of 681 thousand Bahraini dinars during the six months ending on June 30, 2025 compared to a profit of 555 thousand Bahraini dinars for the same period in the previous year, an increase of 23%. The Takaful Fund achieved a surplus before the tax of 189 thousand Bahraini dinars for the six -month period ending on June 30, 2025 compared to a surplus of 202 thousand Bahraini dinars for the same period in the previous year, a decrease of 6%.

The installed solidarity subscriptions reached 14.146 million BD for the six -month period ending on June 30, 2025 compared to 12.314 million BD for the same period in the previous year, an increase of 15%. The costs of solid solidarity reached 11.912 million Bahraini dinars for the six -month period ending on June 30, 2025 compared to 9.905 million Bahraini dinars for the same period in the previous year, an increase of 20%.

The total of property rights reached 12.190 million Bahraini dinars, as on June 30, 2025, compared to 12.680 million Bahraini dinars, as on December 31, 2024, a decrease of 4%.

The total assets of the company also increased by 8% to 47.516 million Bahraini dinars, as on June 30, 2025, compared to 43.833 million Bahraini dinars, as well as on December 31, 2024.

Board statement

In light of the results achieved by the company during the three -month period ending on June 30, 2025, Mr. Ibrahim Al -Rayes, Chairman of the company, stated that the company has achieved good performance in terms of solidarity and investment operations. This positive performance reflects the ongoing efforts to enhance the efficiency of operations, improve the quality of products and insurance services, and apply high risk management standards. He also pointed out that the investment portfolio played an important role in supporting financial results, thanks to a balanced investment policy that focuses on diversification, financial discipline and sustainable growth, while avoiding high risk investments. In conclusion, he expressed his gratitude to the shareholders and customers for their confidence, and the distinguished team that remains the main pillar of the company’s successes.

CEO statement

For his part, Mr. Essam Al -Ansari, CEO of the company, stressed his satisfaction with the company’s financial performance during the period, stressing that this reflects the strength of its business model and its strategy based on customers. He stressed that the company continues its endeavor to provide innovative and effective insurance solutions that meet the needs of customers. Mr. Al -Ansari also pointed to the company’s commitment to the principles of solidarity, pointing to its success in organizing a number of initiatives related to environmental, social and institutional governance, as well as its partnerships with local charitable institutions. He explained that within the framework of the concept of solidarity, the company recently announced the distribution of the surplus of solidarity operations to the documentation campaign, in a move that is the first of its kind in Bahrain, which enhances its pioneering role in providing authentic value for the documents holders and enhancing the principle of cooperation and participation on which the solidarity system is based.