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Alahli Takaful Company JSC (Saudi Arabia)

Main Activities: Direct Life, Health, and Medical Insurance Carriers
Full name: Alahli Takaful Company JSC Profile Updated: December 25, 2022
Buy our report for this company USD 19.99 Most recent financial data: 2020 Available in: English Download a sample report

The National Commercial Bank (NCB), a leading regional financial institution based in Saudi Arabia, together with global leading insurance and technical specialists FWU AG, VHV, and the International Financial Corporation (IFC) a member of the World Bank Group; in addition to a number of prominent local investors, have established ALAHLI TAKAFUL COMPANY (ATC),in accordance to the council of ministry resolution (262) dated 11/12/2006, a joint stock company specialized in offering Takaful insurance products and services in the Kingdom with capital SAR100 million.

Legal Address
Alkhalidyah Business Center,Prince Sultan Street,P.O Box 48510
Jeddah; Mecca Region; Postal Code: 21582

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Website: http://www.alahlitakaful.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2007
Key Executives
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Director / Member of the Management Board
Ownership Details
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29.99%
Company Performance
Financial values in the chart are available after Alahli Takaful Company JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
251.53%
Operating profit (EBIT)
-53.94%
Net Profit (Loss) for the Period
N/A
Total assets
4.15%
Investments
0%
Receivables
252.97%
Total equity
2%
Net Premiums Earned Trend
232.87%
Net Profit Trend
-75.99%
Return on Equity (ROE)
N/A
Loss Ratio
14.91%
Underwriting Expenses Ratio
16.16%

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