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.
Getty Images/Imran Kadir
By Staff Writer, Mubasher
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.
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