Al Rajhi Takaful gets SAMA nod for new insurance product

24/04/2017 Argaam

Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) has obtained approval from the Saudi Arabian Monetary Authority (SAMA), the central bank and insurance market regulator, to launch and market a new insurance product.

 

The new product will cover electronic appliance failures, the company said in a statement to the Saudi bourse on Sunday.

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