Dar Takaful's shares closed 6.6% higher at 61 fils per share on the Dubai Financial Market on Sunday as it announced a Dh215m acquisition of two Noor Takaful business units. Christopher Pike / The National
Dar Takaful's shares closed 6.6% higher at 61 fils per share on the Dubai Financial Market on Sunday as it announced a Dh215m acquisition of two Noor Takaful business units. Christopher Pike / The NatShow more

Business

Islamic Arab Insurance Company to raise foreign ownership limit to 49%

The firm also plans to reduce paid up capital to write off accumulated losses

Fareed Rahman
Fareed Rahman

October 13, 2019