Sukoon Insurance PJSC engages in the insurance business in the United Arab Emirates, Sultanate of Oman, State of Qatar, England, Wales, the United Kingdom, GCC countries, and internationally. It operates through three segments: General Insurance, Life Insurance, and Investment. The company offers car, travel, home, purple, life, personal accident, lifestyle protect, jetski, yacht, and medical malpractice cover insurance products for individuals; and motor fleet, group life, group health, commercial, and trade credit insurance products for businesses, as well as property, engineering, energy, medical, motor, general accident, aviation, and marine risks insurance products. It is also involved in securities trading; financial and non-financial investments; deposits with banks; cash management; and provision of digital services. The company was formerly known as Oman Insurance Company P.S.C. and changed its name to Sukoon Insurance PJSC in January 2024. Sukoon Insurance PJSC was founded in 1975 and is headquartered in Dubai, the United Arab Emirates. Sukoon Insurance PJSC is a subsidiary of Mashreqbank PSC.
Executive VP and Head of Individual Life & Workplace Saving
Executive VP and Head of Consumer Lines & Marketing
Executive VP and Chief Operations & Technology Officer
Corporate Secretary, Executive VP and Head of Claims Management & Legal
Head of Human Resources, Agile & Lean Transformation
Head of the Compliance Section
Executive VP & COO of Operations Division
Interim CEO & Head of Finance & Administration
Head of Internal Audit
Head of Strategy & Partnerships, Complaints, Compliance and Oman Operations
Board of Directors Approves Final Dividend Distribution for 2024
Feb 16, 2025
Sukoon Insurance PJSC Announces 2024 Full Year Financial Results
Feb 16, 2025
Announcement of Annual General Meeting (AGM) for Financial Year 2024
Feb 1, 2025
Sukoon Insurance Reports Q3 2024 Results - Premium Income Up 12% YoY
Nov 10, 2024
Sukoon Insurance Enters Strategic Partnership with Gulf Reinsurance Company
Oct 22, 2024
Q2 2024 Financial Results Announcement
Aug 4, 2024
Interim Dividend Declaration for H1 2024
Aug 4, 2024
H1 2024 Results: Net Profit Increases 18% to AED 85 Million
Jul 28, 2024
Appointment of New Independent Board Member
Jul 21, 2024
Sukoon Insurance Completes Regulatory Compliance Filing with DFSA
Jun 30, 2024
See Data Freshness Monitor for platform-wide data quality.
Moderate
8-factor live score
0/100
55/100
Caution: M-Score elevated
SouqData provides data for informational purposes only. This does not constitute financial advice, a personal recommendation, or an offer to buy or sell any security. Information may contain errors or be outdated. Always verify data independently and consult a licensed financial adviser before making investment decisions.
| Company | Market cap (USD) | Dividend yield | Governance | Shariah |
|---|---|---|---|---|
| Sukoon Insurance PJSC (SUKOON) | $629M | — | 34(F) | Non-compliant |
| Ajman Bank PJSC (AJMANBANK · DFM) | $994M | — | 68(B) | Non-compliant |
| Deyaar Development (P.J.S.C) (DEYAAR · DFM) | $966M | — | 34(F) | Non-compliant |
| Union Properties (P.J.S.C) (UPP · DFM) | $836M | — | 20(F) | Non-compliant |
| Amanat Holdings PJSC (AMANAT · DFM) | $827M | — | 28(F) | Non-compliant |
| Amlak Finance PJSC (AMLAK · DFM) | $731M | — | 54(D) | Non-compliant |
Auto-generated peer set — same GICS sector, comparable market-cap band. Governance score is the unified 8-factor model (independence, board size, CEO/chair separation, attendance, auditor, credentials, committees, pay transparency). Shariah uses AAOIFI Standard No. 21. View all 491 sector peers.
Get unlimited access to 180+ insight pages, AI copilot, deep research reports, watchlists, portfolio tracking, and the full 210-column screener across 11 MENA exchanges.
