Amana Takaful has decided to give out 2.5 percent on the face value of its shares as interim dividends to its shareholders.
They had sold shares at a rate of 20 laari from a face value amount of MVR 1.30 last year and gathered a premium from of MVR 14.96 million.
The company reports that this year was mainly driven by medical, fire, miscellaneous and hull insurances, and that the highest growth in percentage came from miscellaneous insurance which accounted for169 percent, and motor insurance which accounted for 968 percent.
Managing Director of Amana Takaful Hareez Sulaiman said that this has been a successful year for the company and that for the period ending November 2012, the company had recorded MVR 65.4 million in revenue compared to MVR 40.6 million during the same period last year, and that this reflects a growth of 61 percent.
"We are pleased to announce the interim dividend, which I am sure will be welcomed by the shareholders. This year has been rewarding to the company, which is in its 2nd year of operations,” said Hareez Sulaiman.
The company has said that they will close the registration for shareholder dividends allocation by 30th this month. The company was the first private company to be listed in the Maldives Stock Exchange back in 2011.