Orient Takaful reported a 69.6% year-on-year increase in net profit after tax to AED 22.7 million for the first quarter ended 31 March 2026, significantly up from AED 13.4 million in the prior-year period.
Takaful contract revenue grew by 25.7% to reach AED 366.3 million, reflecting increased scale in the company’s core insurance operations, including accident, fire, and health takaful.
The Takaful service result improved to AED 80.9 million from AED 62.9 million YoY, demonstrating stronger underwriting margins even after accounting for a AED 90.5 million provision for Qard Hassan to support the policyholders' fund.
Earnings per share (EPS) rose to AED 11.35 from AED 6.69, while the total asset base expanded to AED 1.9 billion, supported by AED 756.2 million in total Wakala deposits across shareholder and policyholder funds.
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