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sabb takaful (8080) Details

SABB Takaful Company provides a range of takaful plans to personal and business customers in the Kingdom of Saudi Arabia. It operates through three segments: Individual Family Takaful, Group Family Takaful, and General Takaful. The company offers various protection plans products, including care, travel, Schengen travel, personal accident, and home takaful plans; investment plans products; and saving plans products, such as education, retirement, savings, and simple savings takaful plans. It also provides business protection products comprising marine cargo, business interruption or loss of profit, keyman protection, fire-property all risks, and SME packages; and employee benefits products, including group care and group personal accident, as well as offers death or disability protection products. The company is based in Riyadh, the Kingdom of Saudi Arabia.

sabb takaful (8080) Top Compensated Officers

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sabb takaful (8080) Key Developments

SABB Takaful Company Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

SABB Takaful Company announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net profit of shareholders capital investment of SAR 1.40 million, compared to SAR 1.36 million for the same quarter ended June 30, 2013. Net written premiums were SAR 47.51 million, compared to SAR 39.10 million for the same quarter ended June 30, 2013. For the six months, the company reported net profit of shareholders capital investment of SAR 2.81 million, compared to SAR 2.73 million for the same period ended June 30, 2013. Net written premiums were SAR 86.17 million, compared to SAR 74.76 million for the same period ended June 30, 2013.

SABB Takaful Appoints Muhammad Abdullah Al Yehya as Director

SABB Takaful has appointed Muhammad Abdullah Al Yehya as a Director. The effective date is June 05, 2014.

Sabb Takaful Reports Earnings Results for the Fourth Quarter Ended December 31, 2013

Sabb Takaful reported earnings results for the fourth quarter ended December 31, 2013. For the quarter, the company reported net profit before zakat for the fourth quarter was SAR 4.88 million, compared to SAR 3.79 million for the same quarter ended December 31, 2012. Net profit before zakat was SAR 16.37 million, or SAR 0.48 per share, compared to SAR 13.78 million, or SAR 0.41 per share, for the year ended December 31, 2012.

 

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