Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- ADX names Mena start-up Thndr as remote retail trading member
- Mered expands UAE operations with new Abu Dhabi office
- Bahrain All Share Index closes lower, Islamic Index closes higher
- Burjeel reports 129% increase in Q2 net profit, revenue grows 18.7%
- Saudi Maaden H1 profit up 73% on higher sales; revenue hits $4.8bn
- IQ reports QR2bn net profit in H1, approves 26% interim dividend
- 65% Omanis in private sector earn less than RO600
- Local banks record higher credit issuance in June; reflects positive outlook on Qatar economy
- S&P Affirms China's Sovereign Credit Rating at A+ with Stable Outlook
- Saudi stock market may open to global investors, regulator says
05/07/2017 07:47 AST
Saudi Enaya, a leading provider of health insurance products and services in the kingdom, said it has joined hands with Shariyah Review Bureau, a global Sharia Advisory firm with an attractive client base from multiple industries and across many geographies, to offer Sharia-compliant value creating policies.
"Sharia compliant products is a strategically attractive proposition that creates significant value for our shareholders and policyholders," remarked CEO Lee Shurey.
"Over the past several months, we have been undertaking customer-centric research and a thorough market review of the health insurance solutions in the kingdom. We believe it is the right time to incorporate Islamic insurance business in line with our own health insurance policies after obtaining all the regulatory needed approvals," stated Shurey.
"Offering services that cater to our customers faith and value based needs provides a tremendous opportunity to strengthen Enaya's position in the region," he added.
Enaya said that more than three years ago it had identified Islamic cooperative insurance as a major potential to heavily attract society and the economy.
Moneer Brembali, the human resources director at Enaya, said: "Over the years, we have undertaken several initiatives on behalf of our customers health insurance needs. Our agreement with SRB is yet another demonstration of our strategy to cater to the kingdom's Islamic insurance developmental needs."
"SRB's Sharia Review Certification expertise and unparalled Sharia Audit experience in Saudia's cooperative insurance market will complement the knowledge and capabilities that we at Enaya are seeking," noted Brembali.
SRB is a Sharia Advisor which currently serves 24 per cent of the Saudi Cooperative Insurance market in the kingdom. It comes to Enaya with a deep history in setting up Sharia Supervisory Board, Sharia Certification, and Sharia Audit solutions and an established record of innovation to expand and improve upon leading insurance practices, he added.-
Trade Arabia
13/04/2016
Saudi Enaya Cooperative Insurance Company announces that the Board of Directors at its meeting on 05-07-1437H corresponding to 12-04-2016G has recommended to reduce the Company's capital as follows:<
Tadawul
14/01/2014
Saudi Enaya Cooperate Insurance Company (Enaya) would like to announce that it has assigned a Premium Deficiency Reserve of SR 3.5 Mil. This reserve is based on the independent actuary study dated Tu
Tadawul
18/04/2013
Saudi Enaya Cooperative Insurance Company - Enaya announces its interim financial results for the three month period ended 31/03/2013, as detailed below:
1. Net loss, before Zakat and inco
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 151.70 | -1.00 (-0.66 |
| TAWUNIYA | 130.90 | 0.50 (0.38 |
| ALRAJHITAKAFUL | 119.30 | 1.30 (1.10 |
| RASAN | 92.15 | -0.05 (-0.06 |
| QATI | 2.06 | 0.01 (0.48 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia