Al Rajhi Takaful will raise its capital by 100% to support its expansion plans
Shares of Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) trade ex-bonus today, June 21, subject to the extraordinary general meeting (EGM) being held today. 
The company will increase its capital from SAR 1 billion to SAR 2 billion, a 100% increase, through the capitalization of SAR 1 billion from retained earnings.
The capital increase aims to strengthen the insurer’s capital base, supporting its strategic and expansion plans by continuing to provide insurance solutions to its clients, including individuals, corporates, and small and medium-sized enterprises.
Al Rajhi Takaful will raise its capital by 100% to support its expansion plans
Shares of Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) trade ex-bonus today, June 21, subject to the extraordinary general meeting (EGM) being held today.
The company will increase its capital from SAR 1 billion to SAR 2 billion, a 100% increase, through the capitalization of SAR 1 billion from retained earnings.
The capital increase aims to strengthen the insurer’s capital base, supporting its strategic and expansion plans by continuing to provide insurance solutions to its clients, including individuals, corporates, and small and medium-sized enterprises.
