Saudi Arabia:Al Rajhi Takaful maintains stable net profits in 2024

By MEIR team | 09 Mar 2025

Saudi Arabia Life & Health Property & Casualty Financial Performance

Al Rajhi Cooperative Insurance Company (Al Rajhi Takaful), the third largest insurer in Saudi Arabia in terms of premium volume, has reported a net profit after zakat attributable to the shareholders of SAR332.34m ($88.58m) in 2024, 1.30%, higher than the SAR328.06m chalked up in 2023.

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