Dubai:
Shares of Orient UNB Takaful (PJSC) today commenced its journey with Dubai Financial Market (DFM) listing under the trading symbol (OUTFL), which appears on DFM screens, trading system and publications within the insurance sector.
The new listing further fortifies the prominent position of DFM as the most favoured listing venue for leading local and regional companies and lifts the total number of listed companies to 62.
Courtesy: DFM
■ Mohammad Ali, Vice Chairman of Orient UNB Takaful rang the DFM market-opening bell in in the presence of Hassan Al Serkal, Chief Operating Officer (COO) and Head of Operations Division of DFM and representatives from both sides.
“The listing of Orient UNB Takaful represents an important addition to the Takaful sector on DFM. It also enables investors to benefit from the growth of one of the key drivers of the Islamic finance industry, which has enormous opportunities for expansion considering the growing demand for Sharia-compliant financial and insurance products as well as the considerable efforts to strengthen Dubai’s position as the capital of Islamic economy globally,” Hassan Al Serkal, chief operating officer (COO) and head of operations division of DFM said in a statement.
The listing of Orient UNB Takaful lifts the number of insurance companies listed on DFM to 16 including six Takaful companies.
