Tag Archives: Sukoon Takaful

SUKOON TAKAFUL REPORTS Q1 2026 RESULTS WITH PROFIT GROWTH

April 29, 2026

Dubai, United Arab Emirates

Sukoon Takaful has announced its financial results for the first quarter of 2026, extending the strong trajectory established in 2025. Following a year marked by record contribution levels and a near doubling of profitability, the company has carried this momentum into the new financial year, supported by disciplined underwriting, improved cost control, and a balanced investment approach.

Gross Written Contribution for the quarter reached AED 82.9 million, reflecting a 13% increase year-on-year and building on the broad-based growth recorded across all business segments last year. Investment income stood at AED 5.2 million, up 13% compared to Q1 2025, driven by a well-managed portfolio.

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Sukoon Insurance and Sukoon Takaful Sign Strategic Agreement with Emirates Association for Lawyers and Legal

November 4, 2025

Dubai, United Arab Emirates

Sukoon Takaful, along with group entity, Sukoon Insurance, has signed a strategic cooperation agreement with the Emirates Association for Lawyers and Legalto provide insurance and takaful services at competitive terms. This partnership marks a significant milestone in enhancing insurance and takaful benefits for legal professionals across the UAE.

At a recent ceremony, the agreement was signed by Zayed Saeed Al Shamsi, Chairman of the Board of the Emirates Association for Lawyers and Legal; Hammad Khan, Interim CEO and Chief Financial Officer of Sukoon Insurance; and Ahmed Abushanab, CEO of Sukoon Takaful. This collaboration reflects a shared commitment to supporting the legal community.

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