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05/01/2015 20:33 AST
Bahrain-based Takaful International has announced fees sanctioned by its Shari'ah Supervisory Board for the financial year 2015.
The company's Wakala fee has been set at a maximum of 35 per cent for gross contributions. The percentage was agreed by the Shari'ah Supervisory Board at the end of the financial year based on the result achieved. This percentage in previous years has ranged between 20-25 per cent.
For managing participants' investment funds a Mudaraba profit share of 25 per cent of net investment returns has been set.
CPI Financial
27/01/2016
TAKAUD, the specialist savings, investments and pensions provider for the MENA region, and Takaful International , Bahrain's pioneering Islamic insurance company, are partnering to provide Takaful's
Press Release
22/06/2015
Takaful International Company and Copart Bahrain - one of the leading international companies specializing in electronic automotive auction sale, signed an agreement to regulate the sale of the damag
Press Release
24/02/2015
The Board of Directors (BOD) of Takaful International Company B.S.C. (TAKAFUL) decided in its meeting held on Monday 23/2/2015 not to distribute dividends to its shareholders for the financial year e
Stock Market News
| Ticker | Price | Volume |
|---|---|---|
| RIBL | 29.65 | 2,130,721 |
| ALDREES | 141.40 | 522,113 |
| EIC.ADX | 7.95 | 0 |
| GULFUNIONALAHLIA | 17.40 | 234,780 |
| ALBABTAIN | 44.20 | 361,872 |
| ALRAJHITAKAFUL | 175.20 | 83,101 |
| GULFGENERAL | 12.60 | 644,067 |
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.50 | 0.00 (0.00 |
| FAB | 14.48 | -0.06 (-0.42 |
| EMIRATESNBD | 20.80 | 0.15 (0.72 |
| ADCB | 11.86 | 0.16 (1.36 |
| ADIB | 16.12 | 0.06 (0.37 |
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
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