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Friday, 09 January 2009 | 13:00 UAE time

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COMPANIES

Alahli Takaful Company

  • 49.00 Last
  • -2.65 (-5.12%) Today's Change
  • 436,280 Volume
  • 24.70-159.25 52 Week Range
  • -96.50 (-66.32%) 52 Week Change
As of 7 Jan 2009 12:29 GMT (Market Closed)

COMPANY DESCRIPTION

Alahli Takaful Company is a Saudi joint stock company owned 30% by the National Commercial Bank, 13.125% by FWU Group, 13.125% by International Finance Corporation and 7.5% by VHV Vermogensanlage, in addition to 9.8% owned by local Saudi investors and the remaining of 26.45% is owned by the Public.

The company is based on Islamic values and Shariah Compliant principles for the insurance sector.

KEY INFORMATION

Industry

Insurance Companies

Address

Tujjar Jeddah Compound, Prince Mohammed Bin Abdulaziz Street, 2840, Jeddah, Saudi Arabia

T

966 2 6927606

F

966 2 6927607

E

info@alahlitakaful.com

W

www.alahlitakaful.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 11 Dec 2006 -

MAJOR SHAREHOLDERS

NameCountry
FWU Group Germany
International Finance Corporation Egypt
National Commercial Bank Saudi Arabia
VHV Vermogensanlage Germany

OFFICERS

BOARD OF DIRECTORSPosition
Omer Hashim Khalifati Chairman
Abdulkareem Asaad Abulnaser Board Member
Mohammad Omar Al Eissaya Board Member
Khalid Malek Alshareef Board Member
Don Hill Board Member
Manfred Dirrheimer Board Member
Arne Johannes Reif Board Member
Uwe Reuter Board Member
Besher M. Bakheet Board Member
Mohammed Ali BalSharaf Board Member
Ahmed Sulaiman Banajah Board Member
SHARIA BOARDPosition
Sheikh Abdullah bin Sulaiman Al Manea Board Member
Sheikh Mohammed A. Elgari Bin Eid Board Member
Sheikh Abdullah bin AbdulAziz Al Mosleh Board Member
MANAGEMENTPosition
Khalid Gaafar Allagany General Manager
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details. All markets data located on ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only. Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate Selected data supplied by Reuters Limited. Click for Restrictions.