CHUBB Arabia completes business portfolio review, sets purification amount

09:55 AM (Mecca time) Argaam
CHUBB Arabia set a purification amount of SAR 0.01126 per share

CHUBB Arabia set a purification amount of SAR 0.01126 per share

CHUBB Arabia Cooperative Insurance Co. received on Dec. 2 a notice from Shariyah Review Bureau, indicating that the company’s business activities review was complete, and the activities are Shariah-compliant.

 

The review covered segregation of the shareholders’ account from the policyholders’ account, investments of both accounts (shareholders and policyholders), and insurance products, according to a statement to Tadawul.

 

CHUBB Arabia indicated that the purification amount per share stands at SAR 0.01126, and that the Shariyah Review Bureau will continue reviewing the above-mentioned operations and activities from a Shariah perspective.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.