Al Rajhi Takaful gets SAMA nod for new insurance product

26/07/2017 Argaam

Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) has received approval from the Saudi Arabian Monetary Authority (SAMA), the central bank and insurance market regulator, to launch and market a new insurance product.

 

The new product will cover group takaful policies, the company said in a statement to the Saudi bourse on Wednesday.

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