Al Rajhi Takaful shareholders approve FY18 board, audit reports

Al Rajhi Co. for Cooperative Insurance (Al Rajhi Takaful) shareholders have approved audited financial statements and audit report for the fiscal year 2018 during the general assembly meeting held on May 19, the company said in a bourse statement.

Shareholders have also approved the board report for the same period and discharged board members from liabilities during FY 2018.

Meanwhile, they have approved all other items on the meeting’s agenda including related party transactions.