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Notice of Annual General Meeting - 15 March 2026
Feb 20, 2026
Board Approves Final Dividend of AED 0.15 per Share for FY 2025
Feb 16, 2026
RAKNIC Reports FY 2025 Financial Results: Net Profit AED 45.2 Million
Feb 15, 2026
RAKNIC Q3 2025 Financial Results: Gross Written Premiums Increase 12% YoY
Nov 10, 2025
Appointment of Mr. Ahmed Al Mansoori as Independent Board Member
Oct 22, 2025
RAKNIC Declares Interim Dividend of AED 0.10 per Share
Sep 5, 2025
H1 2025 Results: Net Profit AED 22.8 Million, Combined Ratio 95.2%
Aug 20, 2025
Material Transaction: Acquisition of Motor Insurance Portfolio from Competitor
Jul 14, 2025
Related Party Transaction: Management Agreement with RAKNIC Holding Company
Jun 10, 2025
Q1 2025 Financial Results: Gross Written Premiums AED 78.5 Million
May 12, 2025
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| Company | Market cap (USD) | Dividend yield | Governance | Shariah |
|---|---|---|---|---|
| Ras Alkhaima National Insurance Co. (RAKNIC) | $100M | — | — | Non-compliant |
| Union Insurance Company (UNION · ADX) | $94M | — | — | Non-compliant |
| Hayah Insurance Company P.J.S.C (HAYAH · ADX) | $72M | — | — | Non-compliant |
| Insurance House (IH · ADX) | $62M | — | — | Non-compliant |
| Aram Group (ARAM · ADX) | $56M | — | 30(F) | Non-compliant |
| Waha Capital Company (WAHA · ADX) | $884M | — | 32(F) | 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.
