Shareholders of Al-Ahli Takaful Co. approved financial statements, as well as the board and audit reports for the fiscal year 2019 during the general meeting held on April 22, the company said in a bourse statement on Thursday.
Board members were also discharged from liabilities for FY19, and an external auditor was appointed for FY20 and Q1 2021.
In addition, a board remuneration of SAR 2.8 million for the same fiscal year was endorsed.
The contracts and dealings concluded between the insurer and FWU were also approved, the statement added.
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