AlKhaleej Takaful Insurance BBB+

HE Sheikh / Saud bin Abdullah Bin Mohammed Jabor Al-Thani - CEO, announce that S&P Global Ratings has upgraded the long-term credit rating of Al-Khaleej Takaful Insurancefrom BBB to BBB+ with a stable outlook READ MORE

 

INSURANCE SURPLUS 2016

H.E Shk. Saoud Abdulla Moh'd J. Al-Thani - CEO of Alkhaleej Takaful Insurance Company announced that the company has obtained the final approvals from the Fatwa and Shari'a Supervisory Board and the Central Bank of Qatar to distribute insurance surplus to the participants for the year 2016, READ MORE

 

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ALKHALEEJ TAKAFUL DISCLOSES INTERIM FINANCIAL STATEMENT FOR THE 3RD QUARTER OF 2018

Al Khaleej Takaful Insurance Company disclosed its financial statements for the period ended on 30.09.2018. The statements shows that the net profit is QR 9.05 Million Compared to net profit amounting to QR 16.63 Million For the same period of the previous year.
 
The Earnings per Share (EPS) amounted to QR 0,35 For the period ended September 30, 2018 to EPS amounted to QR 0,65 for the same period of the previous year.

AL KHALEEJ TAKAFUL GROUP HOLDS ITS AGM ON 26/3/2019

Al Khaleej Takaful Insurance Company announces that annual Ordinary Assembly Meeting will be held Tuesday on 26/3/2019 at 4:30 PM . In case the quorum is not met, an alternate meeting will be held on Wednesday 3/4/2019 at 4:30 PM 

ALKHALEEJ TAKAFUL DISCLOSES THE SEMI-ANNUAL FINANCIALS ON 30 JULY, 2018

Al Khaleej Takaful Group has announced its intent to disclose the reviewed financial reports for the period ending June 30, 2018 on 30/7/2018

ANNOUNCEMENT FROM AL KHALEEJ TAKAFUL INSURANCE

Al Khaleej Takaful Insurance Company Group announces the following:-
 
 1. The Board of Directors recommended during their meeting on 21/2/2018, to distribute cash dividend of 5% of the nominal value of the share that is QR 0.50 Dirhams for each share for the financial year ending on 31/12/2017. This was disclosed and indicated that the recommendation is subject to the approval of the regulator and general assembly of the company. 
2. On 12/3/2018 the approval of Qatar Central Bank on the financial statements was received and is  conditional on recognizing of impairment losses on the market value of financial investments in the income statement in accordance with the opinion of the auditor and in compliance with applicable accounting standards.
3. In compliance with the letter of the Qatar Central Bank, the impairment in the market value of the investments will be recognized in the income statement and provision for impairment will be made and therefore no dividend will be made.

ALKHALEEJ TAKAFUL DECIDES TO DISCLOSE 3RD QUARTER FINANCIAL STATEMENTS ON OCTOBER 28, 2018

Al Khaleej Takaful Insurance Company announces its intent to disclose the 3rd quarter financial statements for the period ending September 30 2018 on Sunday 28 October 2018.

AL KHALEEJ TAKAFUL TO DISCLOSE ITS 2018 FIRST QUARTER FINANCIAL RESULTS ON APRIL 29, 2018

Al Khaleej Takaful Insurance Company announces its intent to disclose its 2018 First Quarter Financial Statements Results on 29 April 2018

AL KHALEEJ TAKAFUL INSURANCE CO. DISCLOSES ITS FINANCIAL STATEMENTS FOR THE YEAR 2017

Al Khaleej Takaful Insurance company Disclosed its financial statements for the period ended on 31.12.2017. The statements shows that the net profit  is QR 14.6 Million Compared to net profit amounting to QR 13.2  Million For the same period of the previous year.
Earnings per Share (EPS) amounted to QR 0,58 For the period ended December
 31, 2017 to EPS amounted to QR 0,52 for the same period of the previous year.
The Board of Directors has recommended a distribution 5% cash dividend of initial value equivalent to 50 Dorham per share .
The recommendations subject to the approval of Qatar central bank and the General assembly . 
 

ALKHALEEJ TAKAFUL DISCLOSES INTERIM FINANCIAL STATEMENT FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2018

Al Khaleej Takaful Insurance Company disclosed its reviewed financial statements for the period ended on 30.06.2018. The statements shows that the net profit is QR 7.75 Million Compared to net profit amounting to QR 16.45 Million For the same period of the previous year.

The Earnings per Share (EPS) amounted to QR 0,30 For the period ended June 30, 2018 to EPS amounted to QR 0,64 for the same period of the previous year.

THE AGM AND EGM OF AL KHALEEJ TAKAFUL INSURANCE ENDORSES ITEMS ON ITS AGENDA

Al Khaleej TakafulInsurance Company announces the results of the AGM and EGM was held on 13/3/ 2018 and has approved the followingresolutions: -

 Ordinary GeneralAssembly:-

1 - Hearing Board of Director’s Report about thecompany’s activities and financial position for the year ending 31.12.2017 andthe future plan of the company.

2 - Hearing AuditorsReport about company’s financial statements for the year ending 31.12.2017.

3 - Hearing the Sharia’s Authority Report on theactivities for the financial year 2017.

4 - Discussing and approving the balance sheet ofthe company and accounts of profits & losses for the fiscal year ending 31.12.2017.

5 - Discharging the BOD of the responsibility offiscal year 2017 .

6 - Discussing the governance report of the companyfor the year 2017.

7 - Appointing the External Auditor for the year2018 & determining their fees.

8 - Approve transaction with related parties.

ExtraordinaryGeneral Assembly:-        

1.  Amendedthe Company’s Association co comply with Governance code for companies &legal entities listed on the main market Issued by the Qatar Financial MarketsAuthority, under No.5/2016.

ALKHALEEJ TAKAFUL INSURANCE POSTPONES ITS BOARD MEETING FOR DISCUSS THE FINANCIAL STATEMENTS FOR THE PERIOD ENDING DECEMBER 31, 2017 TO FEBRUARY 21, 2018

Alkhaleej Takaful Insurance announces that the Board of Director Meeting No. 01/2018 is postponed to Wednesday 21/02/2018 instead of Monday 12/2/2018 to discuss and approve the audited financial statements for the financial year ended at 31/12/2017 and the recommendation on shareholder’s profits distribution, which will be submitted to the general Assembly of the Company. We Apologies for this due to unavoidable circumstances.

 

 

Alkhaleej Takaful Insurance Company is licensed and approved by the Central Bank of Qatar under the license number 5/1979

  

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