Aljazira Takaful soars, gets nod for insurance products

June 3, 2014 7:17 pm

The Saudi Arabian Tadawul All-Share Index slipped by 0.62 per cent to close at 9,838.86 points on Tuesday, June 3.

Aljazira Takaful Ta’awuni jumped 5.93 per cent to close at SAR65.25. Earlier in the day, the Islamic insurance firm revealed in a filing to the market that it has received the green light from Saudi financial market regulator SAMA  to use insurance products for the following products: Individual Life Juvenile (marriage and education) plans.

Gérard Al-Fil