Stock SUKOONTAKAFL ARABIAN SCANDINAVIAN INSURANCE COMPANY (PLC) - TAKAFUL - ASCANA INSURANCE
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Company Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance

Equities

SUKOONTAKAFL

AEA001401016

Multiline Insurance & Brokers

Delayed Dubai FM
Other stock markets
 07:49:13 25/06/2024 BST 		5-day change 1st Jan Change
1.6 AED -3.03% Intraday chart for Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance -3.03% +0.63%
06-25 UAE Markets Close Tuesday Lower Over Oil Prices, US Economic Data Focus MT
06-11 Arabian Scandinavian Insurance Rebrands as Sukoon Takaful MT

Business Summary

Sukoon Takaful PJSC, formerly Arabian Scandinavian Insurance Company PLC, is a United Arab Emirates-based insurance company. The company underwrites all types of Takaful solutions in compliance with the Sharia principles and respective authorities such as life and non-life takaful such as motor, marine, fire, engineering, medical, and general accident risks. The Company is organized into two main business segments: the Genera takaful management and investment. The General takaful comprises of general takaful business undertaken by on behalf of the participant. Investment segment comprises investment and cash management for the Company’s own account. The Company provides its products and services to individuals, corporations and government departments and The Company only operates in UAE, through its Dubai and Abu Dhabi offices.

Number of employees: 68

Sales per Business

AED in Million2022Weight2023Weight Delta
Takaful
97.5 %
95 85.9 % 131 97.5 % +38.97%
Investment
2.5 %
16 14.1 % 3 2.5 % -78.21%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
110 100.0 % 135 100.0 % +22.40%

Managers

Managers TitleAgeSince
N. Sunil Kumar DFI
 Director of Finance/CFO - -
Rusiru Thilanka COO
 Chief Operating Officer - 29/02/16
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 - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 154,000,000 8,302,294 ( 5.391 %) 0 5.391 %

Shareholders

NameEquities%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 % 654 114 AED

Company contact information

Arabian Scandinavian Insurance Co.

Al Kazim Building Al Garhoud Road

, Dubai

+

http://www.ascana.net
address Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance(SUKOONTAKAFL)

Sector

Financials
Insurance
Insurance
Multiline Insurance & Brokers
Islamic Insurance

Sales per Business

Sector Islamic Insurance

1st Jan change Capi.
ARABIAN SCANDINAVIAN INSURANCE COMPANY (PLC) - TAKAFUL - ASCANA INSURANCE Stock Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance
+0.63% 67.08M
QATAR ISLAMIC INSURANCE GROUP Q.P.S.C. Stock Qatar Islamic Insurance Group Q.P.S.C.
-10.21% 329M
ALJAZIRA TAKAFUL TAAWUNI COMPANY Stock Aljazira Takaful Taawuni Company
+7.65% 322M
DAMAAN ISLAMIC INSURANCE COMPANY "BEEMA" (Q.P.S.C.) Stock Damaan Islamic Insurance Company "Beema" (Q.P.S.C.)
-4.74% 209M
ABU DHABI NATIONAL TAKAFUL COMPANY Stock Abu Dhabi National Takaful Company
-29.17% 121M
ISLAMIC ARAB INSURANCE CO. (SALAMA) Stock Islamic Arab Insurance Co. (Salama)
-33.09% 92.7M
Islamic Insurance
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