Company Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance

Company Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance

ASCANA

AEA001401016

Multiline Insurance & Brokers

Equities

ASCANA

AEA001401016

Multiline Insurance & Brokers

Business Summary

Sales per Business

Sales per region

Managers

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sector Islamic Insurance

Business Summary

Sales per Business

Sales per region

Managers

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sector Islamic Insurance

ARABIAN SCANDINAVIAN INSURANCE COMPANY (PLC) - TAKAFUL - ASCANA INSURANCE

Market Closed - Dubai FM Other stock markets 05:27:37 2024-05-07 am EDT			5-day change	1st Jan Change
1.65 ^AED	0.00%		0.00%	+3.77%

May. 08	Arabian Scandinavian Insurance Swings to Q1 Profit; Takaful Revenue Down	MT
May. 07	Arabian Scandinavian Insurance Company - Takaful - ASCANA Insurance Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Arabian Scandinavian Insurance Company PLC -Takaful-ASCANA Insurance is a United Arab Emirates-based Insurance company. The Company provides life and non-life takaful insurance products and services, which include motor, fire, marine, engineering medical, and general accident takaful insurance, among others. The Company is organized into two main business segments: general takaful management and Investment. The general takaful management segment comprises the takaful business undertaken by the Company on behalf of the policy holders. Investment segment comprises investment and cash managements for the Companyâs own accounts.

Number of employees: 68

AED in Million	2022	Weight	2023	Weight	Delta
Takaful 97.5 %	95	85.9 %	131	97.5 %	+38.97%
Investment 2.5 %	16	14.1 %	3	2.5 %	-78.21%

AED in Million	2022	Weight	2023	Weight	Delta
United Arab Emirates 100.0 %	110	100.0 %	135	100.0 %	+22.40%

Managers	Title	Age	Since
N. Sunil Kumar DFI	Director of Finance/CFO	-	-
Rusiru Thilanka COO	Chief Operating Officer	-	16-02-29
Mohammad Ameeruddin CTO	Chief Tech/Sci/R&D Officer	-	-
Jamal Mohamed SAM	Sales & Marketing	-	-
Mohammed Belbeissi HRO	Human Resources Officer	-	-
Jamil Saeidi PRN	Corporate Officer/Principal	-	-
Motasem Ahmad Oklah PRN	Corporate Officer/Principal	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	154,000,000	8,302,294 ( 5.391 %)	0	5.391 %

Name	Equities	%	Valuation
OMAN INSURANCE COMPANY 51.00 %	78,540,000	51.00 %	35 M AED
Majed Al-Kazim 25.34 %	39,019,711	25.34 %	18 M AED
Butti Al-Maktoum 18.60 %	28,644,000	18.60 %	13 M AED
Kazim Rehab Mohammed Amin Al 10.67 %	16,435,094	10.67 %	7 M AED
Kazim Rawyah Mohammed Amin Al 10.67 %	16,435,094	10.67 %	7 M AED
Ahmed Al-Kazim 9.733 %	14,989,093	9.733 %	7 M AED
Kazim Fawzia Abdelrazaq Al 5.154 %	7,937,702	5.154 %	4 M AED
Khaled Habib Mohammed Habib Al-Redha 1.581 %	2,434,326	1.581 %	1 M AED
Mahmoud Mohammed Hadi Hassan 0.9455 %	1,456,143	0.9455 %	654 158 AED

Arabian Scandinavian Insurance Co.

Al Kazim Building Al Garhoud Road

, Dubai

http://www.ascana.net

address Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance(ASCANA)

	1st Jan change	Capi.
ARABIAN SCANDINAVIAN INSURANCE COMPANY (PLC) - TAKAFUL - ASCANA INSURANCE	+3.77%	69.17M
QATAR ISLAMIC INSURANCE GROUP Q.P.S.C.	-7.07%	341M
ALJAZIRA TAKAFUL TAAWUNI COMPANY	+4.94%	323M
AL-ETIHAD COOPERATIVE INSURANCE COMPANY	+10.65%	264M
DAMAAN ISLAMIC INSURANCE COMPANY "BEEMA" (Q.P.S.C.)	-4.96%	208M
ABU DHABI NATIONAL TAKAFUL COMPANY	-21.67%	134M
ISLAMIC ARAB INSURANCE CO. (SALAMA)	-26.18%	102M
FIRST TAKAFUL INSURANCE COMPANY - KPSC	+206.90%	62.4M

Islamic Insurance

Financials

Multiline Insurance & Brokers

Islamic Insurance