Saudi SAMA renews Al Rajhi Takaful’s practice insurance licence

The licence will be effective from 7 July 2021 until 6 July 2024

  
Conceptual photo for Islamic finance, economy and profit. Image for illustrative purposes.

Conceptual photo for Islamic finance, economy and profit. Image for illustrative purposes.

Getty Images/Imran Kadir
Riyadh – The Saudi Central Bank (SAMA) has renewed Al Rajhi Company for Cooperative Insurance’s (Al Rajhi Takaful) practice insurance activity licence for three years, according to a bourse filing on Tuesday.

The activity permit covers general, health, as well as protection and savings insurance.

This licence will be effective from 7 July 2021 until 6 July 2024.

Earlier today, SAMA renewed the insurance activity licence for Chubb Arabia Cooperative Insurance Company.

Source: Mubasher

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