AlKhaleej Takaful Group 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 Group from 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

 

customer surplus


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, who did not have claims during that year, and according to the approved distribution policy, where it was decided to distribute insurance surplus of 5.64% of the total contributions earned which had no claims, to all beneficiaries (companies and individuals) starting from December 2017.

His Excellency also stated that the year 2016 was the first year to distribute an insurance surplus to beneficiaries after offsetting the accumulated deficit in the subscriber’s fund, since the approval of the General Assembly and regulatory bodies to transfer the company's activity from a conventional system to the Islamic system at the beginning of 2010. The insurance surplus stands at QR 23,848,452 as of 30/09/2017, and the company's management will, by God's will, continue to follow all means to maintain shareholder and subscriber funds to achieve the best results for them.

The management of the company also wishes to thank all its customers for their confidence and continuity in dealing with the company, and promises them with further development in the business to serve them and guarantee their rights under the supervision of the supervisory authorities in the country

Alkhaleej Takaful Insurance 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

H.E Shk. Saoud Abdulla Moh'd J. Al-Thani - CEO of Alkhaleej Takaful Insurance Company announced thatthe 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, who did not have claims during that year, and according to the approved distribution policy, where it was decided to distribute insurance surplus of 5.64% of the total contributions earned which had no claims, to all beneficiaries (companies and individuals)starting from December 2017.

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AL KHALEEJ TAKAFUL DECIDES TO DISCLOSE THE 3RD QUARTER FINANCIAL STATEMENTS ON OCTOBER 26, 2017

Al Khaleej Takaful Group announces its intent to disclose the 3rd quarter financial statements for the period ending September 30, 2017, on 26 October 2017.

AL-KHALEEJ TAKAFUL GROUP DISCLOSES ITS FINANCIAL STATEMENTS FOR THE FIRST QUARTER ENDED 31/3/2017

AL-KHALEEJ TAKAFUL GROUP disclosed its financial statements for the period ended on 31.3.2017. The statements shows that the net profit is QR 13,870,816 Compared to net profit amounting to QR 14,167,458 For the same period of the previous year.
Earnings per Share (EPS) amounted to QR 0,54 For the period ended March 31, 2017 to EPS amounted to QR 0,55 for the same period of the previous year.

AL KHALEEJ TAKAFUL INSURANCE COMPANY DISCLOSES INTERIM FINANCIAL STATEMENT FOR THE 3RD QUARTER OF 2017

AL KHALEEJ TAKAFUL INSURANCE COMPANY disclosed its financial statements for the period ended on 30.09.2017. The statements shows that the net profit is QR 16,63 Million Compared to net profit amounting to QR 18,60 Million For the same period of the previous year.
 
The Earnings per Share (EPS) amounted to QR 0,65 For the period ended September 30, 2017 to EPS amounted to QR 0,73 for the same period of the previous year.

AL KHALEEJ TAKAFUL GROUP DISCLOSES INTERIM FINANCIAL STATEMENT FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2017

AL KHALEEJ TAKAFUL GROUP disclosed its reviewed financial statements for the period ended on 30.06.2017. The statements shows that the net profit is QR 16,454,465 Compared to net profit amounting to QR 14,836,815 For the same period of the previous year.
 
The Earnings per Share (EPS) amounted to QR 0,64 For the period ended June 30, 2017 to EPS amounted to QR 0,58 for the same period of the previous year.

THE AGM OF AL-KHALEEJ TAKAFUL ENDORSES ITEMS LISTED ON ITS AGENDA AND APPROVES THE DISTRIBUTION OF 6% CASH DIVIDENDS

Al Khaleej Takaful Group announced the resolutions of Ordinary and extraordinary General Assembly Meetings held on 5/4/2017approved the following:
  
 
Decisions of the Ordinary General Assembly Meeting :
 
1 - Hearing Board of Director’s Report about the company’s activities and financial position for the year ending 31.12.2016 and the future plan of the company.
2 -  Hearing Auditors Report about company’s financial statements for the year ending 31.12.2016.
3 - Hearing the Sharia’s Authority Report on the activities for the financial year 2016.
4 - Discussing and approving the balance sheet of the company and accounts of profits & losses for the fiscal year ending 31.12.2016 and approving the BOD recommendation to distribute 6% cash dividends to shareholders.
5 - Discharging the BOD of the responsibility of fiscal year 2016 & determining their remuneration.
6 - Discussing the governance report of the company for the year 2016.
7 - Appointing the External Auditor for the year 2017 & determining their fees.
8-  Appointing the Sharia’s Authority for the year 2017 & determining their fees.
9 - Approve transaction with related parties.
10- Election of Board Members for 3 Years 2017 – 2018 – 2019 .
 
 
The Decisions of the Extra-Ordinary General Assembly Meeting :
 
1. Amended the Company’s Introductory paragraph of Association as required 
by the Qatar Central Bank .
2. Amend the Article 23 of the Association to be as : ( The company shall be run by Board of Directors to be composed of 10 members elected by the Ordinary General Assembly through confidential voting ). 
3- Amend the current Name of the Company from:
 Alkhaleej Takaful Group to   Alkhaleej Takaful Insurance.

AL KHALEEJ TAKAFUL GROUP HOLDS ITS AGM ON 13/3/2018

Al Khaleej Takaful Group announces thatannual Ordinary Assembly Meeting will be held on Tuesday 13/3/2018 at 4:00 PMat Doha Bank Tower – Conference Hall – First Floor. In case the quorum is notmet, an alternate meeting will be held on Tuesday 20/3/2018 at 5:00 PM   insame venue.

ALKHALEEJ TAKAFUL DISCLOSES THE SEMI-ANNUAL FINANCIALS ON 3 AUGUST, 2017

Al Khaleej Takaful Group has announced its intent to disclose the reviewed financial reports for the period ending June 30, 2017 on 3/8/2017.

AL-KHALEEJ TAKAFUL TO DISCLOSE ITS 1ST QUARTER FINANCIAL STATEMENTS ON APRIL 27, 2017

Al-khaleej Takaful Group announces its intent to disclose its first quarter Financial Statements results for the year 2017 on Thursday 27 April, 2017. 

 

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