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Insurance and Takaful Company in Dubai
Sukoon Takaful was established in 1978 under an Emiri decree in Dubai as Arabian Scandinavian Insurance Company (ASCANA). In 2023 it was acquired by Sukoon Insurance and renamed, according…
Listed since 2026 · updated October 2026
Sukoon Takaful was established in 1978 under an Emiri decree in Dubai as Arabian Scandinavian Insurance Company (ASCANA). In 2023 it was acquired by Sukoon Insurance and renamed, according to its Dubai Financial Market profile. It offers Sharia-compliant takaful for property, motor, family, marine, engineering, medical, liability and general accident risks. Its website gives a paid-up capital of AED 154 million and an S&P rating of A. The head office is in Al Garhoud, Dubai, and the shares have been listed on the DFM since July 2005.
Market figures at the close on 29 October 2026, from Dubai Financial Market (DFM) data.
| DFM symbol | SUKOONTAKAFL |
|---|---|
| ISIN | AEA001401016 |
| DFM sector | Financials |
| Closing price | AED 1.34 |
| 52-week range | AED 1.23 – AED 1.59 |
| Market value | AED 206 million |
| Shares in issue | 154,000,000 |
| Par value | AED 1 |
| Dividend yield, last 12 months | No cash dividend in the last 12 months |
| Listed on the DFM | 12 July 2005 |
| Established | 1978 |
| Financial year ends | December |
| Auditor | EY (Ernst & Young) |
| Chair | Saood Abdulaziz Abdulla Ahmad Al Ghurair |
| Chief executive | Ahmed Abu Shanab |
The DFM records no cash dividend with an ex-date in the 12 months to 29 October 2026.
Sources: DFM trading summary for SUKOONTAKAFL, DFM corporate actions, DFM dividends distribution summary. Checked October 2026. Share prices change every trading day; this is not investment advice.
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