- SOLID

Bahrain Stock Exchange (Kingdom of Bahrain)
0.36 Last Update 20/04/2025 12:31 KSA
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Created with Highstock 5.0.121m3m6mYTDAll©GulfBase.com
22. Jan28. Jan 3. Feb 9. Feb14. Feb19. Feb25. Feb 3. Mar 9. Mar14. Mar19. Mar25. Mar 4. Apr 9. Apr15. Apr21. Apr
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01
Momentum
Relative Strength
  • -5.03
  • -0.70%
  • -9.03%
Volume Change
  • -27.32%
Price Vs…
  • -7.81%
  • 0.00
  • -0.30%
20202021202220232024 YoY AAGR 5Y AAGR
Income Data
Gross Premiums
Net underwriting results
Net Profit
Balance Sheet Data
Cash
Total Assets
Total Liabilities
Owners Equity
Cash Flow Data
Cash Flow From Operating Activities
From Investing Activities
From Financing Activities
Increase (Decrease) in Cash
Created with Highstock 5.0.12Revenues (R)
20202021202220232024
20M40M60M80M
Created with Highstock 5.0.12Operating Income
20202021202220232024
0
Created with Highstock 5.0.12Net Income
20202021202220232024
3M5M8M10M
Created with Highstock 5.0.12Total Shareholders Equity
20202021202220232024
25M30M35M40M45M
Created with Highstock 5.0.12Total Assets (R)
20202021202220232024
50M75M100M125M
Created with Highstock 5.0.12Price to Book (P/B)
20202021202220232024TTM
0.501.001.50
Created with Highstock 5.0.12Price to Earning (P/E)
20202021202220232024TTM
050.00100.00
Created with Highstock 5.0.12Total Debt / Equity
20202021202220232024
0
  • :01/01/1976
  • (BHD):6,188,663
  • :Private Sector 100%
  • :77
Activities

Solidarity Bahrain Co., formerly known as Al Ahlia Insurance Company BSC, is a leading insurance provider in Bahrain. Established to offer Shariah-compliant protection products, Solidarity Bahrain has grown to become one of the largest insurance companies in the country. The company provides a wide range of high-quality insurance products, including motor, home, travel, domestic helper, personal accident, and medical insurance, catering to a wide array of needs and preferences. <br><br> With a focus on Takaful, or Islamic insurance, Solidarity Bahrain adheres to ethical investment and shared responsibility principles, ensuring that their services align with the cultural and religious values of their customers. The company stands out for its seamless claims process, quick policy renewal, and user-friendly online platform, which simplifies the insurance buying and management process. As a subsidiary of Solidarity Group Holding, Solidarity Bahrain benefits from a strong regional presence and is licensed and regulated by the Central Bank of Bahrain. <br><br> Solidarity Bahrain has been recognized for its innovation and customer service, receiving accolades such as "Best Takaful Company" and "Most Innovative Takaful Company" for 2023 from The Global Economics. The company continues to enhance its services and expand its offerings to meet the evolving needs of its clients. Their commitment to keeping clients informed and covered, along with their innovative approach to insurance solutions, positions them at the forefront of the industry.

12 Month Growth

  • 17.30
  • 403.13
  • 117.17
  • 71.85

Valuation Measures

  • 14,605
  • 0.62
  • 0.92
  • 90.71

Profitability

  • 7.46
  • 20.42
Solidarity Bahrain gets AM Best's positive rating (Trade Arabia - 09/02/2018)

Solidarity Bahrain, a leading insurance group, has been assigned the financial strength rating of B++ (Good) with a stable outlook and issuer credit....

Al Ahlia Insurance posts strong half-yearly results backed by solid gr (Oman Daily Observer - 01/08/2017)

Al Ahlia Insurance declared its unaudited interim results for the first 6 months of 2017, recording a growth of 14.5 per cent in net profit after tax....

Al Ahlia IPO attracts strong response (Oman Daily Observer - 16/07/2017)

Following the successful launch of the Initial Public Offering (IPO) of Al Ahlia Insurance Company (Al Ahlia) SAOG (under transformation), investor....

Al Ahlia Insurance announces its maiden public offering (Times of Oman - 20/06/2017)

Al Ahlia Insurance Company SAOG (under transformation), one of Oman's oldest insurance companies, has announced its intention to launch an Initial....

Al Ahlia Insurance posts net profit of $1.8 million (Gulf Daily News - 13/08/2014)

Al Ahlia Insurance has reported a net profit of BD712,112 ($1.8 million) for the second quarter as against BD2,155,646 for the same period last year. ....

  • mail@solidarity.com.bh
  • www.solidarity.com.bh
  • P.O. Box 5282 Manama
  • +973 17585222
  • +973 17585200