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Apr 2024

UAE takaful operators in turnaround bid

Source: Middle East Insurance Review | Apr 2022

Six out of nine listed UAE takaful operators have reported weaker earnings, including one swinging to net loss, resulting in aggregate profits dropping by almost 50% in 2021. It remains to be seen whether these listed Islamic insurers will pull off a successful turnaround this year amid a challenging operating environment.
 

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