Saudi Arabia: Al Rajhi Takaful doubles share capital

Source: Middle East Insurance Review | Aug 2026

Shareholders of Al Rajhi Takaful Company, one of the biggest insurers in Saudi Arabia, have approved an increase in the company’s capital by 100% to SAR2bn ($533m). The approval was given at an extraordinary general meeting in June.

Disclosing this in a statement lodged with the Saudi Exchange, Al Rajhi Takaful said that the aim of this step is to support its financial position and enhance its ability to achieve strategic goals, which will contribute to improving its operational efficiency and increasing its ability to expand and grow in the Saudi insurance market.

The increase is effected through the issuance of bonus shares to shareholders, raising the number of shares in the company from 100m to 200m. M

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