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Union Insurance PLC UNIONINS.DS

UNIONINS.DS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 06, 2024

Report Source: 2023 3rd Quarter Report

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Union Insurance PLC. Stock Analysis UNIONINS.DS

Bangladesh Financials Nano Cap Report:
Union Insurance Co. Ltd. engages in the provision of insurance services. The firm has four segments: Fire, Marine, Motor, and Miscellaneous. The Fire Insurance segment includes fire and allied peril insurance, fire package insurance, property all-risk insurance (including machinery breakdown and business interruption), power plant operational package insurance, and industrial all-risk insurance. The Marine Insurance segment includes marine cargo insurance, marine hull insurance, goods-in-transit insurance, freight insurance, and shipbuilder’s liability insurance. The Motor Insurance segment offers private vehicle insurance, commercial vehicle insurance, motorcycle insurance, motor transit insurance, and motor trade insurance. Its Miscellaneous Insurance includes burglary and housebreaking insurance, cash-in-transit insurance, cash-in-safe insurance, bank lockers insurance, fidelity guarantee insurance, professional indemnity insurance, and others.
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Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

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