	English [member]
Start Date	2020-01-01	2019-01-01
End Date	2020-12-31	2019-12-31
Filing information [line items]
Disclosure of entity information [abstract]
Name of reporting entity	Salama Cooperative Insurance Co.
Company symbol code\| ISIN code	8050 \| SA000A0MLUE6
Sector\| Industry group	Financials \| Insurance
Disclosure of document information [abstract]
Whether entity wants to report opening statement of financial position	No
Period covered by financial statements	Annual
Reporting period start date	2020-01-01	2019-01-01
Reporting period end date	2020-12-31	2019-12-31
Description of nature of financial statements	Consolidated
Status of financial statements	Audited
Description of presentation currency	Saudi Arabia, Riyals
Level of rounding used in financial statements	Thousands

[200100] Independent auditors report

	Primary auditor [member]	Second primary auditor [member]
	English [member]	English [member]
Start Date	2020-01-01	2020-01-01
End Date	2020-12-31	2020-12-31
Auditors information [line items]
Details of auditors signing report [abstract]
Name of auditor signing report	Jamal M. Al-Amri	Abdullah M. AlAzem
Registration number of auditor	331	335
Details of audit firm [abstract]
Name of audit firm	Dr. Mohamed Al-Amri & Co.	Al Azem, Al Sudairy, Al Shaikh & Partners
Registration number of audit firm	66	148
Address of audit firm	P.O Box 784Jeddah 21421Kingdom of Saudi Arabia	P.O Box 10504Riyadh 11443Kingdom of Saudi Arabia

	English [member]
Start Date	2020-01-01
End Date	2020-12-31
Auditors report [line items]
Disclosures of auditors report [text block]	We have audited the financial statements of Salama Cooperative Insurance Company (the “Company”), which comprise the statement of financial position as at 31 December 2020, and the statement of income, statement of comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies.In our opinion, except for the effects of the matter described in the paragraph of Basis for Qualified Opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as at 31 December 2020, and its financial performance and its cash flows for the year then ended in accordance with International Financial Reporting Standards (“IFRSs”) as endorsed in the Kingdom of Saudi Arabia and other standards and pronouncements issued by Saudi Organization for Charted and Professional Accountants (‘‘SOCPA”).
Contents of auditors report [abstract]
Nature of auditors opinion	Qualified opinion
Auditors opinion	We have audited the financial statements of Salama Cooperative Insurance Company (the “Company”), which comprise the statement of financial position as at 31 December 2020, and the statement of income, statement of comprehensive income, statement of changes in equity and statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies.In our opinion, except for the effects of the matters described in the paragraph of basis for Qualified Opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as at 31 December 2020, and its financial performance and its cash flows for the year then ended in accordance with International Financial Reporting Standards (“IFRSs”) as endorsed in the Kingdom of Saudi Arabia and other standards and pronouncements issued by Saudi Organization for Charted and Professional Accountants (‘SOCPA”).
Basis of opinion	As stated in Note 10 to the financial statements, the Company has other receivables balance amounting to SAR 15.1 million as of December 31, 2020, which represents accounting system processing differences related to the insurance operations due to the difficulties in the implementation of new IT system, which has been escalated to the upper management of the IT developer supplier. We were unable to obtain sufficient appropriate evidence in respect of the other receivable balance. In light of the above, we were unable to determine whether any adjustments to other receivables were required and we were unable to determine the possible impact on the financial statements for the year ended December 31, 2020.We conducted our audit in accordance with International Standards on Auditing (“ISAs”) that are endorsed in the Kingdom of Saudi Arabia. Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with the professional code of conduct and ethics, that are endorsed in the Kingdom of Saudi Arabia, that are relevant to our audit of the financial statements, and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion.
Key audit matters	Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements of the current period. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.
Responsibilities of management and those charged with governance for financial statements	Management is responsible for the preparation and fair presentation of the financial statements in accordance with IFRSs as endorsed in KSA, the applicable requirements of the Companies’ Law, the Company’s By-Laws and for such internal control as management determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.In preparing the financial statements, management is responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.Those charged with governance are responsible for overseeing the Company’s financial reporting process.
Auditors responsibilities for audit of financial statements	Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs that are endorsed in the Kingdom of Saudi Arabia will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.As part of an audit in accordance with ISA that are endorsed in the Kingdom of Saudi Arabia, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Company to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditors’ report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.
Date of signing audit report by auditor	2021-04-08

[300100] Statement of financial position, order of liquidity

Start Date	2020-01-01	2019-01-01	Note No.
End Date	2020-12-31	2019-12-31	Note No.
Statement of financial position [abstract]
Assets [abstract]
Insurance/ takaful operations assets [abstract]
Property and equipment, net, insurance/ takaful operations assets	11,689	12,044
Investments held-to-maturity, insurance/ takaful operations assets	10,000	18,530
Deferred policy acquisition costs	21,020	9,033
Reinsurers/ retakaful share of unearned premiums/ contributions	23,270	21,858
Prepayments and other assets, insurance/ takaful operations assets	42,047	11,173
Premiums/ insurance receivables/takaful contributions receivable, net	40,896	86,207
Reinsurers/ retakaful share of outstanding claims/ benefits, net	32,692	21,018
Time (Murabaha) deposits, insurance/ takaful operations assets	148,318	155,288
Investments held at fair value through statement of income, insurance/ takaful operations assets	103,021	128,920
Cash and cash equivalents, insurance/ takaful operations assets	47,892	26,834
Other assets, insurance/ takaful operations assets	21,927	40,647
Total insurance/ takaful operations assets	502,772	531,552
Shareholders assets [abstract]
Investments held-to-maturity, shareholders assets	4,983	26,768
Statutory deposit	41,168	40,828
Prepayments and other assets, shareholders assets	185	186
Investments held at fair value through statement of income, shareholders assets	48,947	46,593
Time (Murabaha) deposits, shareholders assets	0	100,201
Available-for-sale investments, shareholders assets	1,923	1,923
Due from insurance/ takaful operations assets	32,537	12,979
Cash and cash equivalents, shareholders assets	111,354	2,927
Total shareholders assets	241,097	232,405
Total assets	743,869	763,957
Liabilities and equity [abstract]
Insurance/ takaful operations liabilities and surplus (deficit) [abstract]
Insurance/ takaful operations liabilities [abstract]
Gross unearned premiums/ contributions	218,302	229,678
Premiums/ contributions received in advance	13,522	13,943
Unearned commission income	3,733	3,401
Employees end of service benefits, insurance/ takaful operations liabilities	9,701	9,688
Due to shareholders operations	32,537	12,979
Reinsurers/ retakaful balance payable	7,037	7,811
Gross outstanding claims/ benefits including IBNR payable	149,460	169,539
Other technical reserves	3,096	16,041
Accrued commission payable		8,757
Accrued expenses payable, insurance/ takaful operations liabilities	19,922	23,627
Other liabilities, insurance/ takaful operations	30,365	23,703
Total insurance/ takaful operations liabilities	487,675	519,167
Insurance/ takaful operations surplus (deficit) [abstract]
Surplus (deficit) from insurance/ takaful fund	15,149	14,535
Other insurance/ takaful operations surplus (deficit)		-800
Total insurance/ takaful operations surplus (deficit)	15,149	13,735
Total insurance/ takaful operations liabilities and surplus (deficit)	502,824	532,902
Shareholders liabilities and equity [abstract]
Shareholders liabilities [abstract]
Zakat payable	31,131	25,131
Other liabilities, shareholders liabilities	3,668	3,328
Total shareholders liabilities	34,799	28,459
Shareholders equity [abstract]
Equity attributable to owners of parent [abstract]
Share capital	250,000	250,000
Statutory reserve	5,003	5,003
Retained earnings (accumulated losses)	-48,705	-52,407
Other reserves	-52
Total equity attributable to owners of parent	206,246	202,596
Total equity attributable to equity holders of company	206,246	202,596
Total shareholders liabilities and equity	241,045	231,055
Total insurance/ takaful operations liabilities, surplus (deficit) and shareholders liabilities and equity	743,869	763,957

Start Date	2020-01-01	2019-01-01
End Date	2020-12-31	2019-12-31
Statement of insurance/ takaful operations [abstract]
Statement of insurance/ takaful operations and accumulated surplus (deficit) [abstract]
Income from insurance/ takaful operations [abstract]
Net premiums/ contributions earned [abstract]
Net premiums/ contributions written [abstract]
Gross premiums/ contributions written	427,623	503,504
Excess of loss expense	22,007	16,335
Reinsurance/ retakaful premiums ceded	45,652	49,305
Net premiums/ contributions written	359,964	437,864
Changes in unearned premiums/ contributions	-11,376	-57,415
Reinsurance/ retakaful share of unearned premiums/ contributions	-1,412	-8,719
Net premiums/ contributions earned	372,752	503,998
Reinsurance/ retakaful commissions	6,967	5,953
Investment income from insurance/ takaful operations, net	9,887	3,233
Fees and other income from insurance/ takaful operations	8,900	3,816
Total income from insurance/ takaful operations	398,506	517,000
Cost and expenses [abstract]
Net claims/ benefits incurred [abstract]
Net claims/ benefits paid [abstract]
Gross claims/ benefits paid	347,288	501,320
Reinsurance/ retakaful share of gross claims/ benefits paid	35,133	31,848
Net claims/ benefits paid	312,155	469,472
Changes in outstanding claims/ benefits including IBNR	-20,078	-40,721
Changes in reinsurance/ retakaful share of outstanding claims/ benefits	-11,675	2,765
Changes in other technical reserves	-12,945	4,583
Net claims/ benefits incurred	267,457	436,099
Policy acquisition costs	17,312	28,031
General and administrative expenses, insurance/ takaful operations	81,157	94,788
Other underwriting expenses	26,444	21,345
Total cost and expenses	392,370	580,263
Surplus (deficit) for period from insurance/ takaful operations	6,136	-63,263
Shareholders appropriation from insurance/ takaful operations surplus (deficit)	5,522	-63,263
Net result for period from insurance/ takaful operations after shareholders appropriation	614	0
Policyholders share of accumulated surplus, at start of period		29,070
Policyholders share of accumulated surplus, at end of period	614	29,070

Start Date	2020-01-01	2019-01-01
End Date	2020-12-31	2019-12-31
Statement of shareholders operations [abstract]
Profit (loss) [abstract]
Income (loss) from continuing operations [abstract]
Shareholders appropriation of surplus (deficit) transferred from insurance/ takaful operations	5,522	-63,263
Revenue [abstract]
Investment income	5,995	10,086
Total revenue	5,995	10,086
Expenses [abstract]
General and administrative expenses, shareholders operations	1,815	938
Total expenses	1,815	938
Income (loss) from continuing operations before zakat and income tax	9,702	-54,115
Zakat expenses on continuing operations for period	6,000	6,000
Profit (loss) from continuing operations	3,702	-60,115
Profit (loss) for the period	3,702	-60,115
Profit (loss), attributable to [abstract]
Profit (loss), attributable to saudi shareholders of company	3,702	-60,115
Earnings per share [abstract]
Basic earnings (loss) per share [abstract]
Basic earnings (loss) per share from continuing operations	0.15	-2.4
Total basic earnings (loss) per share	0.15	-2.4
Weighted average number of equity shares outstanding	25000	25000000
Share closing price at the last trading day of financial year (in numbers)	12	12

Start Date	2020-01-01	2019-01-01
End Date	2020-12-31	2019-12-31
Statement of other comprehensive income, before tax [abstract]
Net result for period from insurance/ takaful operations after shareholders appropriation	614	0
Other comprehensive income [abstract]
Components of other comprehensive income that will not be reclassified to profit or loss [abstract]
Remeasurement gains (losses) on defined benefit plans	748	-1,879
Total other comprehensive income that will not be reclassified to profit or loss	748	-1,879
Total other comprehensive income (loss)	748	-1,879
Total comprehensive income (loss) for period	1,362	-1,879

Start Date	2020-01-01	2019-01-01
End Date	2020-12-31	2019-12-31
Statement of other comprehensive income, before tax [abstract]
Statement of comprehensive income [abstract]
Profit (loss) for the period	3,702	-60,115
Total comprehensive income (loss) for period	3,702	-60,115
Total comprehensive income (loss) attributable to [abstract]
Total comprehensive income (loss), attributable to saudi shareholders of company	3,702	-60,115

[300600] Statement of cash flows, indirect method, insurance operations

Start Date	2020-01-01	2019-01-01	Note No.
End Date	2020-12-31	2019-12-31	Note No.
Statement of cash flows, indirect method [abstract]
Statement of cash flows, insurance/ takaful operations [abstract]
Cash flows from (used in) operating activities, insurance/ takaful operations [abstract]
Net result for period from insurance/ takaful operations after shareholders appropriation	614	0
Adjustments to reconcile net income to net cash from insurance/ takaful operations after shareholders appropriation
Adjustments for depreciation, insurance/ takaful operations cash flow	12,543	6,730
Adjustments for unrealised (gains) losses on investments held as fair value through statement of income	192	3,421
Adjustments for employees end of service benefits	761	-1,132
Adjustments for allowance for doubtful receivables	238	-4,604
Adjustments for bond premium amortization (accretion of discounts), net, insurance/ takaful operations cash flow		-3,784
Total adjustments to reconcile net income to net cash from insurance/ takaful operations after shareholders appropriation	13,734	631
Changes in operating assets and liabilities [abstract]
Adjustments for decrease (increase) in premium receivables, net	45,073	73,841
Adjustments for decrease (increase) in prepayments and other assets	-23,467	13,111
Adjustments for increase (decrease) in outstanding claims including IBNR	-20,079	-40,721
Adjustments for increase (decrease) in reinsurers/ retakaful balance payable	-774	1,264
Adjustments for increase (decrease) in accrued expenses and other liabilities	-669	-28,552
Adjustments for decrease (increase) in reinsurers/ retakaful share of outstanding claims, net	-12,165	2,765
Adjustments for decrease (increase) in deferred policy acquisition costs	-11,987	5,102
Adjustments for decrease (increase) in unearned commission income	332	858
Adjustments for movement in gross unearned premiums/ contributions	-11,376	-57,415
Adjustments for reinsurance/ retakaful share of unearned premiums/ contributions	-1,412	-8,719
Adjustment for changes in other technical reserves	-12,945	4,583
Adjustments for other changes in operating assets and liabilities, insurance/ takaful operations cash flow	70	3,127
Total changes in operating assets and liabilities	-49,399	-30,756
Net cash flows from (used in) insurance/ takaful operations	-35,051	-30,125
Net cash flows from (used in) operating activities, insurance/ takaful operations	-35,051	-30,125
Cash flows from (used in) investing activities, insurance/ takaful operations [abstract]
Time (Murabaha) deposits, insurance/ takaful operations cash flow	109,964	-14,152
Proceeds from sales of investments, insurance/ takaful operations cash flow	4,644	83,434
Proceeds from sales of held-to-maturity investments, insurance/ takaful operations cash flow	8,530
Proceeds from sales of investments held as fair value through statement of income, insurance/ takaful operations cash flow		64,929
Purchase of investments, insurance/ takaful operations cash flow	81,931	122,839
Purchase of property and equipment, insurance/ takaful operations cash flow	137	3,462
Net cash flows from (used in) investing activities, insurance/ takaful operations	41,070	7,910
Cash flows from (used in) financing activities, insurance/ takaful operations [abstract]
Adjustments for increase (decrease) in due to shareholders operations	19,558	-32,743
Other inflows (outflows) of cash classified as financing activities, insurance/ takaful operations cash flow	-4,519
Net cash flows from (used in) financing activities, insurance/ takaful operations	15,039	-32,743
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	21,058	-54,958
Net increase (decrease) in cash and cash equivalents	21,058	-54,958
Cash and cash equivalents at beginning of period	26,834	81,792
Cash and cash equivalents at end of period	47,892	26,834

Start Date	2020-01-01	2019-01-01
End Date	2020-12-31	2019-12-31
Statement of cash flows, indirect method [abstract]
Statement of cash flows [abstract]
Cash flows from (used in) operating activities [abstract]
Net profit (loss) for period [abstract]
Income (loss) from continuing operations before zakat and income tax	9,702	-54,115
Net profit (loss) for period (before zakat expenses and income tax)	9,702	-54,115
Adjustments to reconcile profit (loss) [abstract]
Adjustments for unrealised loss (gain) on investments held as fair value through statement of income, shareholders cash flow	-3,812	-8,371
Adjustments for amortisation of premium (accretion of discounts) on investments		59
Total adjustments to reconcile profit (loss)	-3,812	-8,312
Changes in operating assets and liabilities [abstract]
Adjustments for decrease (increase) in prepayments and other assets, shareholders assets	1	-93
Adjustments for decrease (increase) in statutory deposits	-340	-642
Adjustments for increase (decrease) in other liabilities	340	642
Total changes in operating assets and liabilities	1	-93
Net cash flows from (used in) operations	5,891	-62,520
Zakat expenses		630
Net cash flows from (used in) operating activities	5,891	-63,150
Cash flows from (used in) investing activities [abstract]
Purchase of investments	-13,466	4,982
Proceeds from sales of investments	8,427	28,986
Proceeds from disposal of held-to-maturity investments		15,225
Purchase of term deposits investments	100,000	212,500
Proceeds from redemption of term deposits investments	200,201	200,178
Net cash flows from (used in) investing activities	122,094	26,907
Cash flows from (used in) financing activities [abstract]
Other inflows (outflows) of cash	-19,558	32,743
Net cash flows from (used in) financing activities	-19,558	32,743
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	108,427	-3,500
Net increase (decrease) in cash and cash equivalents	108,427	-3,500
Cash and cash equivalents at beginning of period	2,927	6,427
Cash and cash equivalents at end of period	111,354	2,927

[400100] Notes forming part of accounts

	English [member]	Note No.
Start Date	2020-01-01
End Date	2020-12-31
Notes forming part of accounts [line items]
Disclosure of notes and other explanatory information [text block]
Disclosure of general information about reporting entity [abstract]
Disclosure of general information about reporting entity [text block]	Salama Cooperative Insurance Company (“the Company”) is a Saudi Joint Stock Company incorporated in the Kingdom of Saudi Arabia as per the Ministry of Commerce and Industry’s Resolution number 1121K dated 29 Rabi Al-Thani 1428H (corresponding to 16 May 2007). The Company is registered in Jeddah under Commercial Registration No. 4030169661 dated 6 Jamad Al-Awwal I428H (corresponding to 23 May 2007). The registered office address of the Company is:Salama Tower;Al Madinah RoadP.O. Box 4020;Jeddah 21491;Kingdom of Saudi Arabia.The objective of the Company is to transact cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. The Company was listed on the Saudi Stock Exchange on 23 May 2007. The Company started its operations on 1 January 2008. The Company is fully owned by the general public and Saudi shareholders.
Disclosure of basis of preparation of financial statements [text block]	These financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRSs”) as endorsed in the Kingdom of Saudi Arabia (“KSA”), and other standards and pronouncements issued by Saudi Organization for Charted and Professional Accountants (“ SOCPA”). The financial statements of the Company as at and for the year ended 31 December 2020 were prepared in compliance with IFRS as endorsed in KSA.The financial statement is prepared under the going concern basis and the historical cost convention, except for the measurement of investments (excluding held-to-maturity) at their fair value and re-measurement of employee benefit obligations. The Company’s statement of financial position is presented in order of liquidity. Except for property and equipment, right of use assets, intangible assets, statutory deposit, employee benefits, outstanding claims, claims incurred but not reported, all other assets and liabilities are of short-term nature, unless, stated otherwise.As required by the Saudi Arabian Insurance Regulations (the Implementation Regulations), the Company maintains separate books of accounts for “Insurance Operations” and “Shareholders’ Operations”. Accordingly, assets, liabilities, revenues and expenses clearly attributable to either operation, are recorded in the respective accounts.Similarly, the Company’s annual financial statements presented separately the statements of financial position, income, comprehensive income and cash flows for the insurance operations and shareholders operations. The basis of allocation of expenses from joint operations is determined and approved by the management and the Board of Directors.The statement of financial position, statements of income and statement of comprehensive income and cash flows of the insurance operations and shareholders’ operations which are presented on pages 53 to 59 of the financial statements have been provided as supplementary financial information and to comply with the requirements of the guidelines issued by SAMA implementing regulations. SAMA implementing regulations requires the clear segregation of the assets, liabilities, income and expenses of the insurance operations and the shareholders’ operations. Accordingly, the statements of financial position, statements of income, comprehensive income and cash flows prepared for the insurance operations and shareholders operations as referred to above, reflect only the assets, liabilities, income, expenses and comprehensive gains or losses of the respective operations.The inclusion of separate information of the insurance operations with the financial information of the Company in the statements of financial position, statement of income, statement of comprehensive income, statement of cash flows as well as certain relevant notes to the financial statements represents additional supplementary information required as required by the implementing regulations.During 2018, under the supervision of SAMA, the insurance companies’ management prepared and adopted the illustrative financial statements for the insurance sector in the Kingdom of Saudi Arabia. In preparing the Company level financial statements in compliance with IFRS as modified by SAMA, the balances and transactions of insurance operations are combined with those of shareholders’ operations. Inter-operation balances and transactions, if any, are eliminated in full. The accounting policies adopted for the insurance and shareholders’ operations are uniform for like transactions and events in similar circumstances
Disclosure of new standards and amendments in standards [text block]	a) New IFRS, International Financial Reporting and Interpretations Committee’s interpretations (IFRIC) and amendments thereof, adopted by the CompanyThe following new standards, interpretations, amendments and revisions to existing standards, which were issued by the International Accounting Standards Board (IASB) have been effective from 1 January 2020, as applicable:Standard/ Amendments DescriptionAmendments to IAS 1 and IAS 8 Definition of MaterialAmendments to IFRS 3 Definition of a BusinessConceptual Framework Amendments to References to Conceptual Framework in IFRS StandardsAmendments to IFRS 9, IAS 39 and IFRS 7 Interest rate benchmark reformThe adoption of the relevant new and amended standards and interpretations applicable to the Company did not have any significant impact on these financial statements.Amendments to IAS 1 and IAS 8 on the definition of materialThese amendments to IAS 1, ‘Presentation of financial statements’, and IAS 8, ‘Accounting policies, changes in accounting estimates and errors’, and consequential amendments to other IFRSs: i) use a consistent definition of materiality throughout IFRSs and the Conceptual Framework for Financial Reporting; ii) clarify the explanation of the definition of material; and iii) incorporate some of the guidance in IAS 1 about immaterial information.Amendments to IFRS 3 – definition of a businessThis amendment revises the definition of a business. According to feedback received by the IASB, application of the current guidance is commonly thought to be too complex, and it results in too many transactions qualifying as business combinations.Amendments to References to the Conceptual Framework in IFRS StandardsThe Conceptual Framework is not a standard, and none of the concepts contained therein override the concepts or requirements in any standard. The purpose of the Conceptual Framework is to assist the IASB in developing standards, to help preparers develop consistent accounting policies where there is no applicable standard in place and to assist all parties to understand and interpret the standards. This will affect those entities which developed their accounting policies based on the Conceptual Framework. The revised Conceptual Framework includes some new concepts, updated definitions and recognition criteria for assets and liabilities and clarifies some important concepts. These amendments had no impact on the financial statements of the Company.
Disclosure of issued IFRS not yet adopted [text block]	Standard/ Interpretation Description Annual periods beginning on or after IFRS 17 Insurance Contracts See belowIFRS 9 Financial Instruments See belowIAS 1 Classification of Liabilities as Current or Non-current 1 January 2021IFRS 16 Leases for COVID-19 rent related concessions 1 January 2021IFRS 3 Reference to Conceptual Framework 1 January 2021IAS 16 Property, Plant and Equipment: Proceeds before Intended Use 1 January 2021IAS 37 Onerous contracts: Cost of Fulfilling a contract 1 January 2021IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Interest Rate Benchmark Reform – Phase 2 1 January 2021
Disclosure of critical accounting judgements, estimates and assumptions, general [text block]	The preparation of the financial statements requires the use of estimates and judgments that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting year. Although these estimates and judgments are based on management’s best knowledge of current events and actions, actual results ultimately may differ from those estimates.In preparing these financial statements, the significant judgments made by management in applying the Company’s accounting policies, and the key sources of estimation uncertainty including the risk management policies, were the same as those that applied to the annual financial statements as at and for the year ended 31 December 2019. However, the Company has reviewed the key sources of estimation uncertainties disclosed in the last annual financial statements against the backdrop of the COVID-19 pandemic. Management is unable at this time to reasonably quantify the estimation uncertainties as disclosed in note 31 to these financial statements. Management will continue to assess the situation, and reflect any required changes in future reporting periods.Following are the accounting judgments and estimates that are critical in preparation of these financial statements:i) The ultimate liability arising from claims made under insurance contractsThe estimation of the ultimate liability arising from claims made under insurance contracts is the Company’s most critical accounting estimate. There are several sources of uncertainty that need to be considered in the estimate of the liability that the Company will ultimately pay for such claims. Estimates are made at the end of the reporting period both for the expected ultimate cost of claim reported and for the expected ultimate costs of claims incurred but not reported (“IBNR”). Liabilities for unpaid reported claims are estimated using the input of assessments for individual cases reported to the Company. At the end of each reporting period, prior year claims estimates are reassessed for adequacy and changes are made to the provision.The provision for claims incurred but not reported (IBNR) is an estimation of claims which are expected to be reported subsequent to the date of statement of financial position, for which the insured event has occurred prior to the date of statement of financial position. The primary technique adopted by management in estimating the cost of notified and IBNR claims, is that of using the past claims settlement trends to predict future claims settlement trends. A range of methods such as Chain Ladder Method, Bornhuetter-Ferguson Method and Expected Loss Ratio Method are used by the actuaries to determine these provisions. Actuary had also used a segmentation approach including analyzing cost per member per year for medical line of business. Underlying these methods are a number of explicit or implicit assumptions relating to the expected settlement amount and settlement patterns of claims.ii) Impairment of financial assetsThe Company determines that financial assets are impaired when there has been a significant or prolonged decline in the fair value of the financial assets below its cost. The determination of what is significant or prolonged requires judgment. A period of 12 months or longer is considered to be prolonged and a decline of 25% from original cost is considered significant as per Company policy. In making this judgment, the Company evaluates among other factors, the normal volatility in share price, the financial health of the investee, industry and sector performance, changes in technology, and operational and financing cash flows.iii) Impairment of receivablesA provision for impairment of receivables is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables. Significant financial difficulties of the debtor, probability that the debtor will enter bankruptcy or financial reorganization, and default or delinquency in payments are considered indicators that the receivable is impaired.iv) Fair value of financial instrumentsFair values of available-for-sale investments are based on quoted prices for marketable securities or estimated fair values. The fair value of commission-bearing items is estimated based on discounted cash flows using commission for items with similar terms and risk characteristics.The fair values of financial instruments where no active market exists or where quoted prices are not otherwise available are determined by using valuation techniques. In these cases, the fair values are estimated from observable data in respect of similar financial instruments or using models. Where market observable inputs are not available, they are estimated based on appropriate assumptions. Where valuation techniques (for example, models) are used to determine fair values, they are validated and periodically reviewed by qualified personnel independent of those that sourced them. All models are certified before they are used, and models are calibrated to ensure that outputs reflect actual data and comparative market prices. To the extent practical, models use only observable data; however, areas such as credit risk (both own credit risk and counterparty risk), volatilities and correlations require management to make estimates. v) Useful lives of property and equipmentThe Company's management determines the estimated useful lives of its property and equipment for calculating depreciation. These estimates are determined after considering the expected usage of the assets or physical wear and tear. Management reviews residual values and useful lives annually and future depreciation charges are adjusted where management believes the useful lives differ from previous estimates.vi) Going concernThe Company’s management has made an assessment of the Company’s ability to continue as a going concern and is satisfied that it has the resources to continue in business for the foreseeable future. Furthermore, management is not aware of any material uncertainties that may cast significant doubt upon the Company’s ability to continue as a going concern. Therefore, the financial statements continue to be prepared on the going concern basis.
Disclosure of functional and presentation currency [text block]	These financial statements have been presented in Saudi Arabian Riyals (SAR), which is also the functional currency of the Company. All financial information presented in Saudi Arabian Riyal has been rounded to the nearest thousands, except where otherwise indicated.

[100010] Filing information	[200100] Independent auditors report	[300100] Statement of financial position, order of liquidity
[300200] Statement of insurance/ takaful operations, nature of expense	[300300] Statement of shareholders operations, nature of expense	[300400] Statement of other comprehensive income, before tax, insurance operations
[300500] Statement of other comprehensive income, before tax, shareholders operations	[300600] Statement of cash flows, indirect method, insurance operations	[300700] Statement of cash flows, indirect method, shareholders operations
[300800] Statement of changes in equity	[400100] Notes forming part of accounts