Dubai Islamic Insurance and Reinsurance Company (Aman) said it has made a Dh19.9 million (US$5.41 million) profit in the second quarter of 2009, a 158 percent rise from the same period in 2008.
CEO and Managing Director Husein Al Meeza said Aman’s 2009 performance produced substantial growth and increased volumes of insurance work. In the coming months, he said he expects increased profits from insurance operations and investments.
Aman, established in 2002, is national public shareholders company that provides Islamic insurance in the UAE.