Sukoon Takaful has announced its financial results for the year ended 31 December 2025, delivering a
year of exceptional profitable growth and strong financial performance. The company reported record
contribution levels and a substantial improvement in profitability, reflecting the success of its post
acquisition transformation and its renewed strategic focus on operational excellence.
Gross written contributions for the year surged to AED 325.4 million, an 89% year-on-year increase,
driven by broad-based growth across all major business segments. Profits before tax rose sharply to
AED 41.1 million, representing a 97% year-on-year increase, reflecting the company’s robust financial
foundation and improved operational efficiency.
The company also closed the financial year <a href="https://menainsights.com/toast-to-love-or-celebrate-being-single-with-something-to-suit-every-valentines-day-vibe-at-the-h-dubai/”>with positive retained earnings, successfully reversing pre
acquisition accumulated losses. Sukoon Takaful maintains an extremely strong solvency position of
200% (minimum regulatory requirement of 100%), demonstrating its robust ability to meet participant
obligations and support long-term sustainable growth. These results reflect disciplined underwriting,
effective claims management, improved cost efficiencies and a well-balanced investment portfolio, all
contributing to strong and stable performance.
Commenting on the strong performance, Sukoon Takaful’s CEO, Ahmed Abushanab, said, “Our
performance in 2025 reflects a transformational shift in the strength and stability of Sukoon Takaful. The
remarkable growth in contributions and profitability demonstrates the success of the strategy we set in
motion following the acquisition, and it is deeply encouraging to see the company not only overcome
legacy challenges but also establish a solid financial foundation for the future. Reversing accumulated
losses and achieving a strong solvency position highlights the resilience of our business model and the
commitment of our teams. As we enter 2026, we remain focused on expanding our general and family
takaful offerings, strengthening our digital capabilities, and enhancing the value we deliver to participants
and shareholders alike. Our vision is clear: to position Sukoon Takaful as a benchmark for excellence
in the region, offering protection that inspires trust and true peace of mind.”
As a composite takaful provider, Sukoon Takaful is committed to expanding both its general and family
takaful offerings to meet evolving customer needs. The company will continue investing in digital
capabilities and market expansion initiatives, supported by a strong capital position that enables it to
capture new opportunities in the growing takaful sector. With this solid performance, Sukoon Takaful
reinforces its position as one of the UAE’s most trusted and financially secure takaful providers,
advancing its mission to deliver unparalleled protection and peace of mind to customers across the
region.