AMANA TAKAFUL PLC(ATL.N0000) LIFE IPO

Gainer · 1 AMANA TAKAFUL PLC(ATL.N0000) LIFE IPO Fri Jul 15, 2016 1:43 pm

Gainer

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AMANA TAKAFUL PLC(ATL.N0000) LIFE IPO Takaful-banner-share-offering

Gainer · 2 Re: AMANA TAKAFUL PLC(ATL.N0000) LIFE IPO Fri Jul 15, 2016 1:45 pm

Gainer

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https://www.takaful.lk/resources/docs/Amana_Takaful_Life_announces_IPO_of_LKR_75Mn.pdf

Amana Takaful Life posts 35% GWP growth

Amana Takaful Life Limited (ATLL) has concluded its first complete financial year with an impressive growth in Gross Written Premium (GWP).
ATLL recorded a GWP of Rs 928 million in the financial year ending December 31, 2015, thereby achieving a significant 35% growth year-on-year (YoY), outperforming the industry, which grew at 20%.
This is the third consecutive year in which the company has grown ahead of the industry.Amana Takaful Life recorded a profit of Rs 18 million, in its first year of operations, despite pressure from increased post-segregation costs and lower yields on investment income.
Amana Takaful Life was spun off from Amana Takaful PLC as part of an industry wide regulatory directive and is the successor of Amana Takaful PLC’s life business portfolio. The company is a fully-owned subsidiary of Amana Takaful PLC.
Growth was witnessed ‘across the board’ with all business lines, namely Savings and Protection, Wealth Management and Corporate channels, recording growth over the previous year.
Amana Takaful ‘Prosper,’ Sri Lanka’s first Shari’ah compliant Investment linked insurance plan, achieved stellar growth of 46%, recording Rs 338.3 million, thereby continuing to play its key role in growing the company’s Life Fund – which stood at Rs1,766.5 million as at December 31, 2015

karuna · 3 Re: AMANA TAKAFUL PLC(ATL.N0000) LIFE IPO Fri Jul 15, 2016 1:57 pm

karuna

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Gainer wrote:

Dadiya dammama Wathura bonda kiyalada oka liyala theyanna.
Why they giving water glass

Gainer · 4 Re: AMANA TAKAFUL PLC(ATL.N0000) LIFE IPO Fri Jul 15, 2016 2:32 pm

Gainer

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karuna wrote:

Gainer wrote:

Dadiya dammama Wathura bonda kiyalada oka liyala theyanna.
Why they giving water glass

without water can't life

sheildskye · 5 Re: AMANA TAKAFUL PLC(ATL.N0000) LIFE IPO Fri Jul 15, 2016 3:19 pm

sheildskye

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I am not a direct promoter of this, but if you are looking for a more ethical company to invest in ATLL is what you are looking for. Totally the best investment Islamic banking and finance industry has to offer.

nimantha80 · 6 Re: AMANA TAKAFUL PLC(ATL.N0000) LIFE IPO Fri Jul 15, 2016 3:24 pm

nimantha80

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sheildskye wrote:I am not a direct promoter of this, but if you are looking for a more ethical company to invest in ATLL is what you are looking for. Totally the best investment Islamic banking and finance industry has to offer.

you told about CIFL and now its up.whts hapening

sheildskye · 7 Re: AMANA TAKAFUL PLC(ATL.N0000) LIFE IPO Tue Jul 19, 2016 6:45 pm

sheildskye

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Yeah, sorry I missed this post somehow. The deal is so on. I mean it is active. On the other hand, it may not make sense now- the PM has a statement on the economy press release (or parlimentary statement) about the plans for the economy for the future. after this ofcourse every share will go up in price!!!