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Al Madina Takaful Co.OG (MUS:AMAT) Tax Rate % : 65.03% (As of Sep. 2024)


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What is Al Madina Takaful Co.OG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Al Madina Takaful Co.OG's Tax Expense for the three months ended in Sep. 2024 was ر.ع0.11 Mil. Al Madina Takaful Co.OG's Pre-Tax Income for the three months ended in Sep. 2024 was ر.ع0.16 Mil. Therefore, Al Madina Takaful Co.OG's Tax Rate % for the quarter that ended in Sep. 2024 was 65.03%.

Al Madina Takaful Co.OG Tax Rate % Historical Data

The historical data trend for Al Madina Takaful Co.OG's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Al Madina Takaful Co.OG Tax Rate % Chart

Al Madina Takaful Co.OG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.73 27.92 16.81 19.19 18.14

Al Madina Takaful Co.OG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.62 26.18 18.73 3.02 65.03

Al Madina Takaful Co.OG Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Al Madina Takaful Co.OG's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0.283/1.56
=18.14 %

Al Madina Takaful Co.OG's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.106/0.163
=65.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Al Madina Takaful Co.OG Tax Rate % Related Terms

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Al Madina Takaful Co.OG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Madina Takaful Co. SAOG (MUS:AMAT) » Definitions » Tax Rate %
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MUS:AFIC MUS:DICS MUS:OQIC BRK.A XTER:ALV XSWX:ZURN XPAR:CS MIL:G AIG ACGL TSX:SLF XTER:TLX XSWX:SLHN OHEL:SAMPO LSE:AV. XAMS:NN OCSE:TRYG BSP:BBSE3 TSX:BNT XAMS:ASRNL
Traded in Other Exchanges
N/A
Address
Office no. 301/302, P.O. Box 80, 3rd Floor, Building 6, Muscat Grand Mall, Ghubra, Muscat, OMN, 136
Website
https://www.almadinatakaful.com
Al Madina Takaful Co. SAOG is engaged in the business of takaful activities and investments by adopting the wakala and mudarabha model respectively, on behalf of the participants by the Islamic Sharia principles. The business operating segments are Family takaful and general takaful. It generates the majority of its revenue from General takaful, which contracts include Motor, marine and aviation, Fire, energy, medical, engineering, liability, and general accident contracts. Geographically, the operations of the company are located inside the Sultanate of Oman.