Dubai Islamic Insurance and Reinsurance Co. (AMAN) reported accumulated losses of AED 174,528,758 as of Q4 2025, representing 77.3% of its paid-up capital.
The company's strategic plan to exit the insurance sector and transition into an investment entity was interrupted when counterparties cancelled the respective deals.
No implementation has occurred regarding the transfer of insurance portfolios, and the company is now considering alternative measures to be discussed at the next Annual General Meeting.