Orient Takaful’s net income hits AED 15.9 mn in 3Q 2024

Islamic ins. company Orient Takaful’s net income rose by 32.6% y-o-y to AED 15.9 mn in 3Q 2024, according to its financials (pdf). The firm’s takaful contract revenues increased by 33.2% y-o-y to AED 233.3 mn in this quarter. On a 9M basis, net income grew 23.3% y-o-y to AED 40.2 mn, while revenues increased by 33.3% y-o-y to AED 618.4 mn.