	English [member]
Start Date	2019-07-01	2018-07-01
End Date	2019-09-30	2018-09-30
Filing information [line items]
Disclosure of entity information [abstract]
Name of reporting entity	Al-Rajhi Company for Cooperative Insurance
Company symbol code\| ISIN code	8230 \| SA12A0540J14
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	Quarter 3
Reporting period start date	2019-07-01	2018-07-01
Reporting period end date	2019-09-30	2018-09-30
Description of nature of financial statements	Consolidated
Status of financial statements	Reviewed
Description of presentation currency	Saudi Arabia, Riyals
Level of rounding used in financial statements	Thousands

	Primary auditor [member]	Second primary auditor [member]
	English [member]	English [member]
Start Date	2019-07-01	2019-07-01
End Date	2019-09-30	2019-09-30
Auditors information [line items]
Details of auditors signing report [abstract]
Name of auditor signing report	Bader I. Benmohareb	Abdullah M. Al Basri
Registration number of auditor	471	171
Details of audit firm [abstract]
Name of audit firm	PricewaterhouseCoopers	Aldar Audit Bureau
Registration number of audit firm	25	36/11/323
Contact number of audit firm	(966) 11 211 0400	(+966) 11 463 0680
Address of audit firm	P.O. Box 8282, Riyadh 11482Kingdom of Saudi Arabia	P.O. Box 2195 Riyadh 11451 Kingdom of Saudi Arabia

	English [member]
Start Date	2019-07-01
End Date	2019-09-30
Auditors report [line items]
Contents of auditors report [abstract]
Nature of auditors opinion	Unmodified opinion
Auditors opinion	Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with IAS 34 and SAMA guidance on accounting for zakat and taxes
Responsibilities of management and those charged with governance for financial statements	Management is responsible for the preparation and presentation of this interim financial information in accordance with International Accounting Standard 34 - “Interim Financial Reporting” (IAS 34) and Saudi Arabian Monetary Authority (SAMA) guidance on accounting for zakat and taxes. Our responsibility is to express a conclusion on these interim financial information based on our review
Auditors responsibilities for audit of financial statements	We have reviewed the accompanying interim statement of financial position of Al Rajhi Company for Cooperative Insurance (A Saudi Joint Stock Company) (the “Company”) as at 30 September 2019 and the related interim statements of income and comprehensive income for the three month and nine month periods then ended and the interim statements of changes in equity and cash flows for the nine months period then ended and other explanatory notes (the interim condensed financial information). Management is responsible for the preparation and presentation of this interim condensed financial information in accordance with International Accounting Standard 34 - “Interim Financial Reporting” (IAS 34) as endorsed in the Kingdom of Saudi Arabia. Our responsibility is to express a conclusion on this interim condensed financial information based on our review. We conducted our review in accordance with International Standard on Review Engagements 2410 (ISRE), “Review of interim financial information performed by the independent auditor of the entity”, as endorsed in the Kingdom of Saudi Arabia. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing (ISAs), as endorsed in the Kingdom of Saudi Arabia and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion
Date of signing audit report by auditor	2019-11-06

Start Date	2019-01-01	2018-01-01	2018-01-01
End Date	2019-09-30	2018-12-31	2018-09-30
Statement of financial position [abstract]
Assets [abstract]
Insurance/ takaful operations assets [abstract]
Deferred policy acquisition costs	45,548	60,868	56,634
Reinsurers/ retakaful share of unearned premiums/ contributions	90,296	88,458	102,650
Prepayments and other assets, insurance/ takaful operations assets	140,603	54,157	49,381
Due from shareholders operations	-273,229	-401,888	-332,049
Premiums/ insurance receivables/takaful contributions receivable, net	393,572	456,575	573,766
Reinsurers/ retakaful share of outstanding claims/ benefits, net	102,777	371,580	308,206
Cash and cash equivalents, insurance/ takaful operations assets	424,290	355,425	143,140
Reinsurers/ retakaful share of mathematical reserves	96	109	109
Financial assets mandatorily measured at FVPL	161,876	129,853	139,115
Financial assets at amortised cost	1,498,734	1,703,637	1,853,621
Financial assets, at fair value	27,282	25,327	24,892
Re takaful reinsurance share of outstanding claims IBNR	11,903	13,411	50,541
Total insurance/ takaful operations assets	2,623,748	2,857,512	2,970,006
Shareholders assets [abstract]
Property and equipment, net, shareholders assets	16,174	18,713	17,438
Statutory deposit	39,969	39,968	39,968
Prepayments and other assets, shareholders assets	67,523	30,687	31,620
Investments held at fair value through statement of income, shareholders assets	6,223	33,975	9,696
Accrued investment income	120	3,439	3,213
Due from insurance/ takaful operations assets	273,229	401,888	332,049
Cash and cash equivalents, shareholders assets	112,189	121,515	47,116
Right-of-use assets	10,593	0	0
Total shareholders assets	973,414	865,329	847,927
Investments designated as FVOCI	132,473	130,135	131,857
Financial assets at amortised cost	314,921	85,009	234,970
Total assets	3,597,162	3,722,841	3,817,933
Liabilities and equity [abstract]
Insurance/ takaful operations liabilities and surplus (deficit) [abstract]
Insurance/ takaful operations liabilities [abstract]
Gross unearned premiums/ contributions	1,184,797	1,302,633	1,413,767
Unearned commission income	8,067	6,002	7,295
Reinsurers/ retakaful balance payable	58,061	56,127	56,720
Gross outstanding claims/ benefits including IBNR payable	1,135,647	1,295,810	1,274,108
Other technical reserves	24,419	9,034	0
Accrued expenses payable, insurance/ takaful operations liabilities	84,564	94,045	131,017
Other liabilities, insurance/ takaful operations	73,726	52,336	47,124
Total insurance/ takaful operations liabilities	2,569,281	2,815,987	2,930,031
Insurance/ takaful operations surplus (deficit) [abstract]
Surplus (deficit) from insurance/ takaful fund	58,223	47,236	46,121
Fair value reserves on investments	-3,756	-5,711	-6,146
Total insurance/ takaful operations surplus (deficit)	54,467	41,525	39,975
Total insurance/ takaful operations liabilities and surplus (deficit)	2,623,748	2,857,512	2,970,006
Shareholders liabilities and equity [abstract]
Shareholders liabilities [abstract]
Zakat payable	35,332	33,689	28,689
Due to insurance/ takaful operations	18,068	15,119	13,327
Accrued expenses payable, shareholders liabilities	31,027	38,063	33,998
Other liabilities, shareholders liabilities	13,077	4,346	4,121
Total shareholders liabilities	97,504	91,217	80,135
Shareholders equity [abstract]
Equity attributable to owners of parent [abstract]
Share capital	400,000	400,000	400,000
Statutory reserve	114,510	91,302	88,630
Fair value reserve on investments, shareholders equity	15,122	12,264	14,129
Retained earnings (accumulated losses)	346,465	270,733	265,033
Other reserves	-187	-187	0
Total equity attributable to owners of parent	875,910	774,112	767,792
Total equity attributable to equity holders of company	875,910	774,112	767,792
Total shareholders liabilities and equity	973,414	865,329	847,927
Total insurance/ takaful operations liabilities, surplus (deficit) and shareholders liabilities and equity	3,597,162	3,722,841	3,817,933

Start Date	2019-07-01	2018-07-01	2019-01-01	2018-01-01
End Date	2019-09-30	2018-09-30	2019-09-30	2018-09-30
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	583,385	703,387	1,971,616	2,357,236
Excess of loss expense	2,304	3,114	5,536	9,341
Reinsurance/ retakaful premiums ceded	32,199	28,059	66,965	80,150
Net premiums/ contributions written	548,882	672,214	1,899,115	2,267,745
Changes in unearned premiums/ contributions	-91,285	-56,154	-119,673	98,717
Net premiums/ contributions earned	640,167	728,368	2,018,788	2,169,028
Reinsurance/ retakaful commissions	2,652	5,706	6,591	11,181
Fees and other income from insurance/ takaful operations	464	618	1,567	6,912
Total income from insurance/ takaful operations	643,283	734,692	2,026,946	2,187,121
Cost and expenses [abstract]
Net claims/ benefits incurred [abstract]
Net claims/ benefits paid [abstract]
Gross claims/ benefits paid	480,564	551,911	1,789,231	1,587,966
Reinsurance/ retakaful share of gross claims/ benefits paid	2,041	63,936	305,558	84,526
Surrenders and maturities	2,696	921	5,704	2,601
Expenses incurred related to claims	14,506	15,620	47,576	48,790
Net claims/ benefits paid	495,725	504,516	1,536,953	1,554,831
Changes in outstanding claims/ benefits including IBNR	14,266	35,925	101,112	164,604
Changes in other technical reserves	-23,381	0	24,419	0
Net claims/ benefits incurred	486,610	540,441	1,662,484	1,719,435
Policy acquisition costs	30,678	26,182	86,814	84,711
Impairment charges for other assets, insurance/ takaful operations	77	-4	-124	317
General and administrative expenses, insurance/ takaful operations	63,771	56,793	174,343	172,267
Other underwriting income	14,066	14,606	8,798	5,082
Other underwriting expenses	8,647	13,642	35,257	36,978
Realised gain (loss) on investments held at fair value through statement of income	2,276	1,563	45,763	41,782
Allowance for doubtful debt	-9,535	-32,874	-12,859	-43,773
Total cost and expenses	582,976	653,759	1,917,072	2,010,617
Surplus (deficit) for period from insurance/ takaful operations	60,307	80,933	109,874	176,504
Shareholders appropriation from insurance/ takaful operations surplus (deficit)	54,277	72,840	98,887	158,854
Net result for period from insurance/ takaful operations after shareholders appropriation	6,030	8,093	10,987	17,650
Policyholders share of accumulated surplus, at end of period	6,030	8,093	10,987	17,650

Start Date	2019-07-01	2018-07-01	2019-01-01	2018-01-01
End Date	2019-09-30	2018-09-30	2019-09-30	2018-09-30
Statement of shareholders operations [abstract]
Profit (loss) [abstract]
Income (loss) from continuing operations [abstract]
Shareholders appropriation of surplus (deficit) transferred from insurance/ takaful operations	54,277	72,840	98,887	158,854
Revenue [abstract]
Fee income	63,771	56,793	174,343	172,267
Investment income	3,418	1,620	8,870	5,967
Realised gain (loss) on investments held as fair value through statement of income	544	904	1,748	1,715
Dividend income	2,007	1,399	5,409	3,413
Other income	312	593	1,191	1,711
Total revenue	70,052	61,309	191,561	185,073
Expenses [abstract]
General and administrative expenses, shareholders operations	63,771	56,793	174,343	172,267
Impairment charge for investments, shareholders operations	-22	-54	65	5
Total expenses	63,749	56,739	174,408	172,272
Income (loss) from continuing operations before zakat and income tax	60,580	77,410	116,040	171,655
Zakat expenses on continuing operations for period	6,600	6,300	17,100	14,500
Profit (loss) from continuing operations	53,980	71,110	98,940	157,155
Profit (loss) for the period	53,980	71,110	98,940	157,155
Profit (loss), attributable to [abstract]
Profit (loss), attributable to saudi shareholders of company	53,980	71,110	98,940	157,155
Earnings per share [abstract]
Basic earnings (loss) per share [abstract]
Basic earnings (loss) per share from continuing operations	1.35	1.78	2.47	3.93
Total basic earnings (loss) per share	1.35	1.78	2.47	3.93
Weighted average number of equity shares outstanding	40000000	40000000	40000000	40000000

Start Date	2019-07-01	2018-07-01	2019-01-01	2018-01-01
End Date	2019-09-30	2018-09-30	2019-09-30	2018-09-30
Statement of other comprehensive income, before tax [abstract]
Net result for period from insurance/ takaful operations after shareholders appropriation	6,030	8,093	10,987	17,650
Other comprehensive income [abstract]
Components of other comprehensive income that will not be reclassified to profit or loss [abstract]
Other comprehensive gains (losses) that will not be reclassified to profit or loss	279	-2,576	1,955	-6,146
Total other comprehensive income that will not be reclassified to profit or loss	279	-2,576	1,955	-6,146
Total other comprehensive income (loss)	279	-2,576	1,955	-6,146
Total comprehensive income (loss) for period	6,309	5,517	12,942	11,504

Start Date	2019-07-01	2018-07-01	2019-01-01	2018-01-01
End Date	2019-09-30	2018-09-30	2019-09-30	2018-09-30
Statement of other comprehensive income, before tax [abstract]
Statement of comprehensive income [abstract]
Profit (loss) for the period	53,980	71,110	98,940	157,155
Other comprehensive income [abstract]
Components of other comprehensive income that will not be reclassified to profit or loss [abstract]
Other comprehensive gains (losses) that will not be reclassified to profit or loss	-8,731	-1,066	2,858	12,577
Total other comprehensive income that will not be reclassified to profit or loss	-8,731	-1,066	2,858	12,577
Total other comprehensive income (loss)	-8,731	-1,066	2,858	12,577
Total comprehensive income (loss) for period	45,249	70,044	101,798	169,732
Total comprehensive income (loss) attributable to [abstract]
Total comprehensive income (loss), attributable to saudi shareholders of company	45,249	70,044	101,798	169,732

Start Date	2019-01-01	2018-01-01
End Date	2019-09-30	2018-09-30
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	10,987	17,650
Adjustments to reconcile net income to net cash from insurance/ takaful operations after shareholders appropriation
Adjustments for depreciation, insurance/ takaful operations cash flow		172,267
Adjustments for deferred policy acquisition costs	15,320	-20,845
Adjustments for unrealised (gains) losses on investments held as fair value through statement of income	-3,549	-1,900
Adjustments for allowance for doubtful receivables	12,867	43,773
Adjustments for impairment (reversal of impairment) charges for investments, insurance/ takaful operations cash flow	-124	317
Management fee for administration of takaful operations	-174,343	-158,853
Management fee attributable to shareholders operations	-98,886	0
Total adjustments to reconcile net income to net cash from insurance/ takaful operations after shareholders appropriation	297,743	352,465
Changes in operating assets and liabilities [abstract]
Adjustments for decrease (increase) in premium receivables, net	50,136	-354,254
Adjustments for decrease (increase) in prepayments and other assets	-83,878	-2,043
Adjustments for increase (decrease) in outstanding claims including IBNR	270,311	-216,274
Adjustments for increase (decrease) in reinsurers/ retakaful balance payable	1,934	-9,598
Adjustments for increase (decrease) in accrued expenses and other liabilities	-9,481	50,520
Adjustments for increase (decrease) in accrued commission income	2,065	223
Adjustments for movement in gross unearned premiums/ contributions	-117,836	109,657
Adjustments for reinsurance/ retakaful share of unearned premiums/ contributions	-1,838	-10,941
Adjustment for changes in other technical reserves	15,385
Adjustment for changes in other reserves	13	5
Retakaful reinsurance share of financial liabilities at FVSI	21,390	10,558
Gross outstanding and IBNR	-160,163	380,878
Total changes in operating assets and liabilities	-11,962	-41,269
Net cash flows from (used in) insurance/ takaful operations	-105,120	-14,863
Other inflows (outflows) of cash classified as operating activities, insurance/ takaful operations cash flow	-2,541	-284
Net cash flows from (used in) operating activities, insurance/ takaful operations	-107,661	-15,147
Management fee paid or received	-401,888	-343,709
Cash flows from (used in) investing activities, insurance/ takaful operations [abstract]
Purchase of investments, insurance/ takaful operations cash flow		31,038
Takaful Purchease of invesments mandatorily measured at FVSI	-1,019,436	-974,403
Takaful Purchease of invesments held at amortized cost	-700,000	-790,000
Takaful disposal of invesments mandatorily measured at FVSI	990,962	962,017
Takaful Disposal of investments held at amortised cost	905,000	220,000
Net cash flows from (used in) investing activities, insurance/ takaful operations	176,526	-613,424
Cash flows from (used in) financing activities, insurance/ takaful operations [abstract]
Adjustments for increase (decrease) in due to shareholders operations	0	205,251
Net cash flows from (used in) financing activities, insurance/ takaful operations	0	205,251
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	68,865	-423,320
Net increase (decrease) in cash and cash equivalents	68,865	-423,320
Cash and cash equivalents at beginning of period	355,425	566,460
Cash and cash equivalents at end of period	424,290	143,140

	English [member]	Note No.
Start Date	2019-07-01	2018-07-01
End Date	2019-09-30	2018-09-30
Disclosure of other non-cash information [line items]
Disclosure of other non-cash information, insurance/ takaful operations [text block]	Changes in fair value of investments designated as FVOCI 1,955 (6146)

Start Date	2019-01-01	2018-01-01
End Date	2019-09-30	2018-09-30
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	116,040	171,655
Net profit (loss) for period (before zakat expenses and income tax)	116,040	171,655
Adjustments to reconcile profit (loss) [abstract]
Adjustments for unrealised loss (gain) on investments held as fair value through statement of income, shareholders cash flow	177	-61
Adjustment for depreciation and amortisation	6,440	5,846
Adjustment for management fees for administration of takaful operations	-174,343	-158,854
Adjustment for management fees attributable to shareholders operations	-98,886	0
Adjustments for impairment (reversal of impairment) charges for investments, shareholders cash flow	65	5
Depreciation, right-of-use assets	4,310	-172,267
Emplyee End Of Service	4,124	3,634
Managment fee paid or received	401,888	343,709
Total adjustments to reconcile profit (loss)	143,775	22,012
Changes in operating assets and liabilities [abstract]
Adjustments for increase (decrease) in accrued expenses and other liabilities, shareholders cash flow	-7,036	2,221
Adjustments for decrease (increase) in prepayments and other assets, shareholders assets	-33,011	-14,934
Accrued income on statutory deposit	-483	-648
Other Payable	484	648
Lease liability	8,247	0
Total changes in operating assets and liabilities	-31,799	-12,713
Net cash flows from (used in) operations	228,016	180,954
Zakat expenses	15,457	12,301
Other inflows (outflows) of cash	-14,903	0
End of service paid	-1,175	-590
Net cash flows from (used in) operating activities	196,481	168,063
Cash flows from (used in) investing activities [abstract]
Purchase of property and equipment	3,901	4,348
Purchase of investments mandatorily measured at FVSI	-435,000	-484,911
Disposal of invesments mandatorily measured at FVSI	462,575	507,758
Purchase of investments designated as FVOCI	0	-94,448
Disposal of invesments designated at FVOCI	0	59,899
Movement in cash balance in equity share portfolio	520	35
Shareholders Purchase of investments held at amortised cost	-545,001	-280,000
Shareholders disposal of investments held at amortised cost	315,000	130,000
Net cash flows from (used in) investing activities	-205,807	-166,015
Cash flows from (used in) financing activities [abstract]
Other inflows (outflows) of cash	0	-205,251
Net cash flows from (used in) financing activities	0	-205,251
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	-9,326	-203,203
Net increase (decrease) in cash and cash equivalents	-9,326	-203,203
Cash and cash equivalents at beginning of period	121,515	250,319
Cash and cash equivalents at end of period	112,189	47,116

	English [member]	Note No.
Start Date	2019-07-01	2018-07-01
End Date	2019-09-30	2018-09-30
Disclosure of other non-cash information [line items]
Disclosure of other non-cash information, shareholders operations [text block]	Changes in fair value of investments designated as FVOCI 2,858 12,577

[400100] Notes forming part of accounts

	English [member]	Note No.
Start Date	2019-07-01
End Date	2019-09-30
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]	1. GENERAL Al Rajhi Company for Cooperative Insurance (a Saudi Joint Stock Company incorporated in Kingdom of Saudi Arabia), “the Company”, was formed pursuant to Royal Decree No. (M/35) dated Jumada al thani 27,1429. (January 1, 2008). The Company operates under Commercial Registration no. 1010270371 dated Rajab 5, 1430 corresponding to June 28, 2009. The registered address of the Company's head office is as follows: Al Rajhi Company for Cooperative InsuranceP.O. Box 67791 Riyadh 11517 Kingdom of Saudi Arabia. The purpose of the Company is to conduct takaful operations and all related activities including re-takaful / re-insurance and agency activities. Its principal lines of business include motor, medical, protection & savings, marine, fire, engineering and casualty insurance. On July 31, 2003, corresponding to Jumada al thani 2, 1424, the Saudi Arabian Monetary Authority (“SAMA”), as the principal authority responsible for the application and administration of the Insurance Law and its Implementing Regulations, granted the Company a license to transact insurance activities in the Kingdom of Saudi Arabia. On April 20, 2004, corresponding to Rabi' al-awwal 1, 1425, the Law on the Supervision of Cooperative Insurance Companies (“Insurance Law”) was promulgated by Royal Decree Number (M/32). As a commitment from the Company for its activities to be in compliance with Islamic Shari’a legislations, since its inception, the Company has established a Shari’a Authority to review and approve the activities and the products of the Company.
Disclosure of basis of preparation of financial statements [text block]	2. BASIS OF PREPARATION (a) Basis of presentation The Company presents its statement of financial position in order of liquidity. As required by the Saudi Arabian Insurance Regulations, the Company maintains separate books of accounts for Insurance Operations and Shareholders’ Operations and presents the financial statements accordingly (Note 19). Assets, liabilities, revenues and expenses clearly attributable to either activity are recorded in the respective accounts. The basis of allocation of expenses from joint operations is determined and approved by the management and the Board of Directors. The interim statement of financial position, statements of income, comprehensive income and cash flows of the insurance operations and shareholders operations which are presented in Note 19 of the financial statements have been provided as supplementary financial information to comply with the requirements of the guidelines issued by SAMA implementing regulations and is not required under IFRSs. SAMA implementing regulations requires the clear segregation of the assets, liabilities, income and expenses of the insurance operations and the shareholders operations. Accordingly, the interim statements of financial position, 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. In preparing the Company-level financial statement in compliance with IFRS, the balances and transactions of the insurance operations are amalgamated and combined with those of the shareholders’ operations. Inter-operation balances, transactions and unrealised gains or losses, if any, are eliminated in full during amalgamation. The accounting policies adopted for the insurance operations and shareholders’ operations are uniform for like transactions and events in similar circumstances. The interim condensed financial information does not include all of the information required for full annual financial information and should be read in conjunction with the annual financial statement as of and for the year ended December 31, 2018. This interim condensed financial information is expressed in Saudi Arabian Riyals (SAR) and is rounded off to the nearest thousands. The interim condensed financial information is prepared under the going concern basis and the historical cost convention, except for financial assets measured at fair value through profit or loss (FVPL), financial assets measured at fair value through other comprehensive income (FVOCI) financial liabilities measured at fair value through profit or loss (FVPL) and end of service benefits at present value. The Company’s interim statement of financial position is not presented using a current / non-current classification. The following balances would generally be classified as non-current: financial assets at fair value through other comprehensive income, financial asset at amortised cost, property and equipment, statutory deposit, other assets, end of service benefits and payable to shareholders. All other assets and liabilities are classified as current. As required by the Saudi Arabian Insurance Regulations and guidelines of the sharia board, the Company maintains separate books of accounts for takaful operations and shareholders’ operations and presents the financial information accordingly (refer note 19). Assets, liabilities, revenues and expenses clearly attributable to either activity are recorded in the respective accounts. The basis of allocation of expenses from joint operations is determined and approved by the management and the Board of Directors. As per the Company’s policy, all general and administrative expenses of takaful operations are charged to shareholders’ operations. The Company in accordance with the Islamic Shariah provisions managing the co-operative insurance operations and calculates the management fee in the below manner and pays it in full shortly after at the end of the fiscal year. The first component of the management fee is calculated based on the net contributions written for the period after adjusting commission income and cost of production for motor and general at 40% and for health at 30% and is limited to the extent of general and administrative expenses charged in the interim statement of income – shareholders’ operations. (refer note 19); and the other component of the management fee is determined up to 90% of the net surplus, if any, for the period from takaful operations remaining after computing the first component of management fee. The Company is required to distribute the remaining 10% of the net surplus from Takaful operations to policyholders in accordance with the Insurance Law and Implementation Regulations issued by the Saudi Arabian Monetary Agency (“SAMA”). (a) Basis of presentation (continued) The interim statement of financial position, statements of income, comprehensive income and cash flows of the takaful operations and shareholders’ operations which are presented in note 19 of the condensed interim financial information have been provided as supplementary financial information 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 takaful operations and the shareholders’ operations. Accordingly, the interim statements of financial position, statements of income, comprehensive income and cash flows prepared for the takaful operations and shareholders operations as referred to above, reflect only the assets, liabilities, income, expenses and comprehensive gains or losses of the respective operations. In preparing the Company-level financial information in compliance with IFRSs, the balances and transactions of the takaful operations are amalgamated and combined with those of the shareholders’ operations. Interoperation balances, transactions and unrealised gains or losses, if any, are eliminated in full during amalgamation. The accounting policies adopted for the takaful operations and shareholders’ operations are uniform for like transactions and events in similar circumstances.
Disclosure of critical accounting judgements, estimates and assumptions, general [text block]	The preparation of interim financial information requires management to make judgments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets and liabilities, income and expense. Actual results may differ from these estimates.In preparing these condensed financial information, 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 information as at and for the 6 month ended September 30, 2019.
Disclosure of functional and presentation currency [text block]	The functional and presentational currency of the Company is Saudi Riyals. The financial information values are presented in Saudi Riyals rounded to the nearest thousand (SAR’000), unless otherwise indicated.The interim condensed financial information do not include all of the information required for full annual financial statements and should be read in conjunction with the annual financial statements as of and for the year ended December 31, 2018.
Disclosure of summary of significant accounting policies [abstract]
Disclosure of summary of significant accounting policies, general comment [text block]	3. SIGNIFICANT ACCOUNTING POLICIES (a) Leases: At inception of a contract, the Company assesses whether a contract is, or contains, a lease based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. The Company has elected to apply the practical expedient to account for each lease component and any non-lease components as a single lease component. The Company recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured based on the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received. The assets are depreciated to the earlier of the end of the useful life of the right-of-use asset or the lease term using the straight-line method as this most closely reflects the expected pattern of consumption of the future economic benefits. The lease term includes periods covered by an option to extend if the Company is reasonably certain to exercise that option. Lease terms range from 2 to 10 years for offices, vehicles and equipments. In addition, the right-of-use asset is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability. The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate. Generally, the Company uses its incremental borrowing rate as the discount rate. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability. The lease liability is measured at amortized cost using the incremental borrowing cost. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, if there is a change in the Company’s estimate of the amount expected to be payable under a residual value guarantee, or if the Company changes its assessment of whether it will exercise a purchase, extension or termination option. When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. The Company has elected to apply the practical expedient not to recognize right-of-use assets and lease liabilities for short-term leases that have a lease term of 12 months or less and leases of low-value assets. The lease payments associated with these leases are recognized as an expense on a straight-line basis over the lease term. IFRS 16: Leases (“IFRS 16”) IFRS 16 specifies how to recognize, measure, present and disclose leases. The standard provides a single lessee accounting model, requiring lessees to recognize assets and liabilities for all major leases. Effective January 1, 2019, the Company adopted IFRS 16 using the modified retrospective approach and accordingly the information presented for 2018 has not been restated. It remains as previously reported under IAS 17 and related interpretations. On initial application, the Company has elected to record right-of-use assets based on the corresponding lease liability. Right-of-use assets and lease obligations of SAR 13.8 million were recorded as of January 1, 2019, with no net impact on retained earnings. When measuring lease liabilities, the Company discounted lease payments using its incremental borrowing rate at January 1, 2019, the rate applied is 6.15% The Company has elected to apply the practical expedient to account for leases for which the lease term ends within 12 months of the date of initial application as short-term leases. The Company has elected to apply the practical expedient to grandfather the assessment of which transactions are leases on the date of initial application, as previously assessed under IAS 17 and IFRIC 4. The Company applied the definition of a lease under IFRS 16 to contracts entered into or changed on or after January 1, 2019. The following table reconciles the Company’s operating lease obligations at December 31, 2018, to the lease obligations recognized on initial application of IFRS 16 at January 1, 2019: Operating lease commitments at December 31, 2018 80,356 Discounted using the incremental borrowing rate at January 1, 2019 (1,078)Recognition exemptions / not yet commenced (65,468)Lease obligations recognized at January 1, 2019 13,810
Description of accounting policy for cash and cash equivalents [text block]	Cash and cash equivalents included in the interim statement of cash flows comprise the following: Takaful operationsSAR’000 September 30, 2019 (Unaudited) December 31, 2018(Audited)Bank balances and cash 374,290 205,425 Deposits maturing within 3 months from the acquisition date 50,000 150,000 Cash and cash equivalents in the statement of cash flow 424,290 355,425 Less : Impairment loss (38) (65)Cash and bank balances, net 424,252 355,360 Deposits against letters of guarantee 16,978 14,437 Total 441,230 369,797 Shareholders’ operations SAR’000 September 30, 2019 (Unaudited) December 31, 2018(Audited)Bank balances and cash 62,189 71,515 Deposits maturing within 3 months from the acquisition date 50,000 50,000 Cash and cash equivalents in the statement of cash flow 112,189 121,515 Less : Impairment loss (14) (38)Cash and bank balances, net 112,175 121,477 Cash at banks (statutory deposit income) 4,709 908 Total 116,884 122,385 Total 558,114 492,182
Description of accounting policy for zakat [text block]	As mentioned in note 2(a) the basis of preparation has been changed at the beginning 30, June, 2019 based on the issuance of latest instructions from SAMA dated 17 July 2019. Previously, zakat was recognized in the statement of changes in equity as per the SAMA circular no 381000074519 dated 11 April 2017. As per SAMA instruction dated 23 July 2019, the zakat and income tax shall be recognized in the statement of income. The Company has accounted for this change in the accounting for zakat retrospectively (see note 14) to the interim condensed financial statements. The change has resulted in reduction of reported income of the Company for the three and nine month period ended 30 September 2018 by SAR 6.3 million and SAR 14.5 million respectively The change has had no impact on the statement of cash flows for the period ended 30 September 2018.
Disclosure of notes forming part of accounts [abstract]
Disclosure of due from related parties [text block]	Related parties represent major shareholders, directors and key management personnel of the Company, and companies of which they are principal owners and any other entities controlled, jointly controlled or significantly influenced by them. Pricing policies and terms of these transactions are approved by the Company’s management and Board of Directors. The following are the details of the major related party transactions during the period and the related balances: Transactions for the period ended Balance receivable / (payable) as at September 30, September 30, September 30, December 31, 2019 2018 2019 2018 (Unaudited) (Unaudited) (Unaudited) (Audited) SAR’000Major shareholders Gross contribution written 678,187 796,868 247,603 249,872 Claims paid 475,969 750,419 (2,202) (2,172) Claims incurred and notified during the period 391,664 562,626 (124,445) (148,001) Reimbursement from related party - 340 - - Bank Balance - - 422,876 274,705 Investment in shares of Al Rajhi Banking and Investment Corporation - - 28,827 25,901 Entities controlled, jointly controlled or significantly influenced by related parties Gross contribution written 2,199 41,120 3,053 3,382 Claims paid 2,099 74,861 - - Claims incurred and notified during the period 2,501 292,158 (466) (277,417) Investments managed by affiliates 24,500 10,291 127,055 95,500 Income received from sale of investment in Al Rajhi Capital commodity fund 5,962 4,758 - - Investment management fee paid to Al Rajhi Capital Company 2,106 2,518 - -
Disclosure of compensation to key management personnel [text block]	The compensation of key management personnel during the period is as follows: For the period ended September 30, 2019 (Unaudited) September 30, 2018 (Unaudited) SAR’000 Salaries and other allowances 5,515 4,470 End of service benefits 2,267 2,161 Shariah committee remuneration 188 195
Disclosure of earnings per share [text block]	Earnings per share for the period ended September 30, 2019 and 2018 is calculated by dividing the net income for the period attributable to the equity holders by 40 million shares.
Disclosure of entity's operating segments [text block]	Operating segments are identified on the basis of internal reports about components of the Company that are regularly reviewed by the Company’s Board of directors in their function as chief operating decision maker in order to allocate resources to the segments and to assess their performance. Transactions between the operating segments are on normal commercial terms and conditions. The revenue from external parties reported to the Board is measured in a manner consistent with that in the interim income statement. Segment assets and liabilities comprise operating assets and liabilities. There have been no changes to the basis of segmentation or the measurement basis for the segment surplus or deficit since December 31, 2018. Segment assets do not include takaful operations’ bank balances and cash, net contributions receivable, investments etc., accordingly, they are included in unallocated assets. Segment liabilities do not include takaful operations’ payables accruals and other liabilities and re-takaful / re-insurance balances payable etc., accordingly, they are included in unallocated liabilities. These unallocated assets and liabilities are not reported to chief operating decision maker under related segments and are monitored on a centralized basis. The segment information provided to the Company’s Board of Directors for the reportable segments for the Company’s total assets and liabilities at September 30, 2019 and December 31, 2018, its total revenues, expenses, and net income for period ended, are as follows: For the three month period ended September 30, 2019(Unaudited) Customers' category Medical Motor Property & casualty Protection&Savings Total SAR’000GROSS CONTRIBUTION WRITTEN Retail 7,690 123,168 3,370 12,007 146,235 Very small 17,925 - - - 17,925 Small 13,766 12,470 - - 26,236 Medium 26,077 14,367 - - 40,444 Corporate 26,903 268,300 45,389 11,953 352,545 TOTAL GROSS CONTRIBUTION WRITTEN 92,361 418,305 48,759 23,960 583,385 For the three month period ended September 30, 2018(Unaudited) Customers' category Medical Motor Property & casualty Protection&Savings Total SAR’000GROSS CONTRIBUTION WRITTEN Retail 2,066 137,661 1,251 8,351 149,329 Very small 36,516 - - - 36,516 Small 28,044 7,974 - - 36,018 Medium 53,125 12,066 - - 65,191 Corporate 22,368 356,026 28,559 9,380 416,333 TOTAL GROSS CONTRIBUTION WRITTEN 142,119 513,727 29,810 17,731 703,387 For the nine month period ended September 30, 2019(Unaudited) Customers' category Medical Motor Property & casualty Protection&Savings Total SAR’000GROSS CONTRIBUTION WRITTEN Retail 24,451 355,749 6,321 33,889 420,410 Very small 73,784 - - - 73,784 Small 56,664 39,725 - - 96,389 Medium 107,343 64,872 - - 172,215 Corporate 128,240 960,884 83,966 35,728 1,208,818 TOTAL GROSS CONTRIBUTION WRITTEN 390,482 1,421,230 90,287 69,617 1,971,616 For the nine month period ended September 30, 2018(Unaudited) Customers' category Medical Motor Property & casualty Protection&Savings Total SAR’000GROSS CONTRIBUTION WRITTEN Retail 4,724 355,314 3,214 24,484 387,736 Very small 89,226 - - - 89,226 Small 68,523 23,448 - - 91,971 Medium 129,808 84,272 - - 214,080 Corporate 171,381 1,288,233 83,726 30,883 1,574,223 TOTAL GROSS CONTRIBUTION WRITTEN 463,662 1,751,267 86,940 55,367 2,357,236 As at September 30, 2019 (Unaudited) Takaful operations Operating segments Medical Motor Property & Casualty Protection & Savings Total - Takaful operations Shareholders’ operations Total SAR’000Assets: Cash and cash equivalents - - - - 441,230 116,884 558,114 Contributions and re-takaful / reinsurance balances receivable – net - - - - 393,572 - 393,572 Re-takaful / reinsurance share of unearned contributions - 32,909 53,480 3,907 90,296 - 90,296 Re-takaful / reinsurance share of outstanding claims - 16,929 79,484 6,364 102,777 - 102,777 Re-takaful / reinsurance share of claims incurred but not reported - - 6,183 5,720 11,903 - 11,903 Deferred policy acquisition costs 15,923 23,858 5,311 456 45,548 - 45,548 Investments mandatorily measured at FVSI - - - - 161,876 6,223 168,099 Investments designated as FVOCI - - - - 27,282 132,473 159,755 Investments held at amortised cost - - - - 1,498,734 314,921 1,813,655 Right-of-use assets - - - - - 10,593 10,593 Unallocated assets - - - - (149,470) 392,320 242,850 Total assets 15,923 73,696 144,458 16,447 2,623,748 973,414 3,597,162 Liabilities: Unearned contributions 222,336 878,652 78,221 5,588 1,184,797 - 1,184,797 Unearned re-takaful / reinsurance commission - 1,349 6,718 - 8,067 - 8,067 Gross outstanding claims 10,177 212,465 82,971 9,284 314,897 - 314,897 Claims incurred but not reported 202,106 595,100 7,678 15,866 820,750 - 820,750 Contribution deficiency reserve 23,381 - 1,038 - 24,419 - 24,419 Lease obligations - - - - - 8,247 8,247 Unallocated liabilities, equity and surplus - - - - 270,818 965,167 1,235,985 Total liabilities, accumulated surplus and equity 458,000 1,687,566 176,626 30,738 2,623,748 973,414 3,597,162 As at December 31, 2018 (Audited) Takaful operations Operating segments Medical Motor Property & casualty Protection & Savings Total - Takaful operations Shareholders’ operations Total SAR’000Assets: Cash and cash equivalents - - - - 369,797 122,385 492,182 Contributions and re-takaful / reinsurance balances receivable – net - - - - 456,575 - 456,575 Re-takaful / reinsurance share of unearned contributions - 35,746 51,231 1,481 88,458 - 88,458 Re-takaful / reinsurance share of outstanding claims - 10,019 358,843 2,718 371,580 - 371,580 Re-takaful / reinsurance share of claims incurred but not reported - - 6,496 6,915 13,411 - 13,411 Deferred policy acquisition costs 28,845 28,359 3,253 411 60,868 - 60,868 Investments mandatorily measured at FVSI - - - - 129,853 33,975 163,828 Investments designated as FVOCI - - - - 25,327 130,135 155,462 Investments held at amortised cost - - - - 1,703,637 85,009 1,788,646 Unallocated assets - - - - (361,994) 493,825 131,831 Total assets 28,845 74,124 419,823 11,525 2,857,512 865,329 3,722,841 Liabilities: Unearned contributions 361,798 873,955 62,485 4,395 1,302,633 - 1,302,633 Unearned re-takaful / reinsurance commission - - 6,002 - 6,002 - 6,002 Gross outstanding claims 39,582 158,399 362,230 3,885 564,096 - 564,096 Claims incurred but not reported 92,105 620,331 8,277 11,001 731,714 - 731,714 Contribution deficiency reserve 9,034 - - - 9,034 - 9,034 Unallocated liabilities, equity and surplus - - - - 244,033 865,329 1,109,362 Total liabilities, accumulated surplus and equity 502,519 1,652,685 438,994 19,281 2,857,512 865,329 3,722,841 For the three month period ended September 30, 2019(Unaudited) Operating segments Medical Motor Property&Casualty Protection&Savings Total SAR’000REVENUES Gross contributions written 92,361 418,305 48,759 23,960 583,385 Re-takaful / reinsurance contributions ceded - (214) (27,673) (4,312) (32,199)Excess of loss expenses (XOL) - (1,638) (666) - (2,304)Net contributions written 92,361 416,453 20,420 19,648 548,882 Changes in unearned contributions, net 68,560 32,884 (11,180) 1,021 91,285 Net contributions earned 160,921 449,337 9,240 20,669 640,167 Re-takaful / reinsurance commission income - 103 2,549 - 2,652 Other underwriting income (98) 93 29 440 464 TOTAL REVENUES 160,823 449,533 11,818 21,109 643,283 UNDERWRITING COSTS AND EXPENSES Gross claims paid and loss adjustment expenses (159,255) (333,363) (1,646) (806) (495,070)Surrender and maturities - - - (2,696) (2,696)Re-takaful / reinsurance share of claims paid - 456 948 637 2,041 Net claims and other benefits paid (159,255) (332,907) (698) (2,865) (495,725)Changes in outstanding claims, net 48,490 (22,182) 163 (1,819) 24,652 Changes in incurred but not reported (IBNR) claims, net (24,866) (8,083) (175) (5,794) (38,918)Contrbution deficiency reserve 23,381 - - - 23,381 Net claims and other benefits incurred (112,250) (363,172) (710) (10,478) (486,610)Change in unit linked liabilities at FVSI, net - - - (5,173) (5,173)Policy acquisition costs (13,566) (11,212) (3,204) (2,696) (30,678)Other underwriting expenses 4 (2,943) (416) (119) (3,474)TOTAL UNDERWRITING COSTS AND EXPENSES (125,812) (377,327) (4,330) (18,466) (525,935) NET UNDERWRITING INCOME 35,011 72,206 7,488 2,643 117,348 OTHER OPERATING EXPENSES Allowance for doubtful debts - contribution and re-takaful / reinsurance balances receivable - - - - (9,535)General and administrative expenses - - - - (63,771)Special commission income - - - - 17,484 Net gains on investments mandatorily measured at FVSI - - - - 2,820 Dividend income - - - - 2,007 Impairment loss on financial assets - - - - (55)Other income - - - - 312 NET INCOME FOR THE PERIOD BEFORE ZAKAT 66,610 For the three month period ended September 30, 2018(Unaudited) Operating segments Medical Motor Property & casualty Protection&Savings Total SAR’000REVENUES Gross contributions written 142,119 513,727 29,810 17,731 703,387 Re-takaful / reinsurance contributions ceded (1,221) (225) (23,813) (2,800) (28,059)Excess of loss expenses (XOL) - (2,531) (583) - (3,114)Net contributions written 140,898 510,971 5,414 14,931 672,214 Changes in unearned contributions, net (2,454) 60,844 (1,438) (798) 56,154 Net contributions earned 138,444 571,815 3,976 14,133 728,368 Re-takaful / reinsurance commission income 37 926 4,743 - 5,706 Other underwriting income - 437 100 81 618 TOTAL REVENUES 138,481 573,178 8,819 14,214 734,692 UNDERWRITING COSTS AND EXPENSES Gross claims paid and loss adjustment expenses (103,231) (402,946) (59,074) (2,280) (567,531)Surrender and maturities - - - (921) (921)Re-takaful / reinsurance share of claims paid - 2,816 59,539 1,581 63,936 Net claims and other benefits paid (103,231) (400,130) 465 (1,620) (504,516)Changes in outstanding claims, net (30,482) 11,727 36 92 (18,627)Changes in incurred but not reported (IBNR) claims, net 29,475 (46,098) 2 (677) (17,298)Net claims and other benefits incurred (104,238) (434,501) 503 (2,205) (540,441)Change in unit linked liabilities at FVSI - - - (5,320) (5,320)Policy acquisition costs (11,416) (11,688) (2,057) (1,021) (26,182)Other underwriting expenses (2,230) (4,598) (1,397) (97) (8,322)TOTAL UNDERWRITING COSTS AND EXPENSES (117,884) (450,787) (2,951) (8,643) (580,265) NET UNDERWRITING INCOME 20,597 122,391 5,868 5,571 154,427 OTHER OPERATING EXPENSES Allowance for doubtful debts - contribution and re-takaful / reinsurance balances receivable (32,874)General and administrative expenses (56,793)Special commission income - - - - 16,226 Net gains on investments mandatorily measured at FVSI - - - - 2,467 Dividend income - - - - 1,399 Impairment loss on financial assets - - - - 58 Other income - - - - 593 NET INCOME FOR THE PERIOD BEFORE ZAKAT 85,503 For the nine month period ended September 30, 2019(Unaudited) Operating segments Medical Motor Property&Casualty Protection&Savings Total SAR’000REVENUES Gross contributions written 390,482 1,421,230 90,287 69,617 1,971,616 Re-takaful / reinsurance contributions ceded - (1,860) (54,270) (10,835) (66,965)Excess of loss expenses (XOL) - (4,348) (1,188) - (5,536)Net contributions written 390,482 1,415,022 34,829 58,782 1,899,115 Changes in unearned contributions, net 139,462 (7,534) (13,487) 1,232 119,673 Net contributions earned 529,944 1,407,488 21,342 60,014 2,018,788 Re-takaful / reinsurance commission income - 512 6,079 - 6,591 Other underwriting income (203) 396 137 1,237 1,567 TOTAL REVENUES 529,741 1,408,396 27,558 61,251 2,026,946 UNDERWRITING COSTS AND EXPENSES Gross claims paid and loss adjustment expenses (530,829) (1,000,338) (296,976) (8,664) (1,836,807)Surrender and maturities - - - (5,704) (5,704)Re-takaful / reinsurance share of claims paid - 4,750 295,209 5,599 305,558 Net claims and other benefits paid (530,829) (995,588) (1,767) (8,769) (1,536,953)Changes in outstanding claims, net 29,406 (47,154) (101) (1,753) (19,602)Changes in incurred but not reported (IBNR) claims, net (100,967) 25,231 286 (6,060) (81,510)Contrbution deficiency reserve (23,381) - (1,038) - (24,419)Net claims and other benefits incurred (625,771) (1,017,511) (2,620) (16,582) (1,662,484)Change in unit linked liabilities at FVSI, net - - - (17,919) (17,919)Policy acquisition costs (41,709) (31,391) (6,941) (6,773) (86,814)Other underwriting expenses (5,730) (10,952) (310) (346) (17,338)TOTAL UNDERWRITING COSTS AND EXPENSES (673,210) (1,059,854) (9,871) (41,620) (1,784,555) NET UNDERWRITING INCOME (143,469) 348,542 17,687 19,631 242,391 OTHER OPERATING EXPENSES Allowance for doubtful debts - contribution and re-takaful / reinsurance balances receivable - - - - (12,859)General and administrative expenses - - - - (174,343)Special commission income - - - - 54,633 Net gains on investments mandatorily measured at FVSI - - - - 10,546 Dividend income - - - - 5,409 Impairment loss on financial assets - - - - 59 Other income - - - - 1,191 NET INCOME FOR THE PERIOD BEFORE ZAKAT 127,027 For the nine month period ended September 30, 2018(Unaudited) Operating segments Medical Motor Property & casualty Protection&Savings Total SAR’000REVENUES Gross contributions written 463,662 1,751,267 86,940 55,367 2,357,236 Re-takaful / reinsurance contributions ceded (1,056) (7,154) (63,387) (8,553) (80,150)Excess of loss expenses (XOL) - (7,594) (1,747) - (9,341)Net contributions written 462,606 1,736,519 21,806 46,814 2,267,745 Changes in unearned contributions, net (79,538) (13,189) (4,003) (1,987) (98,717)Net contributions earned 383,068 1,723,330 17,803 44,827 2,169,028 Re-takaful / reinsurance commission income 37 1,104 10,040 - 11,181 Other underwriting income (4) 5,820 233 863 6,912 TOTAL REVENUES 383,101 1,730,254 28,076 45,690 2,187,121 UNDERWRITING COSTS AND EXPENSES Gross claims paid and loss adjustment expenses (281,924) (1,270,581) (79,359) (4,892) (1,636,756)Surrender and maturities - - - (2,601) (2,601)Re-takaful / reinsurance share of claims paid - 4,843 76,160 3,523 84,526 Net claims and other benefits paid (281,924) (1,265,738) (3,199) (3,970) (1,554,831)Changes in outstanding claims, net (6,025) 712 2,254 (412) (3,471)Changes in incurred but not reported (IBNR) claims, net (13,082) (146,999) 491 (1,543) (161,133)Net claims and other benefits incurred (301,031) (1,412,025) (454) (5,925) (1,719,435)Change in unit linked liabilities at FVSI - - - (14,755) (14,755)Policy acquisition costs (28,616) (45,483) (5,766) (4,846) (84,711)Other underwriting expenses (6,797) (13,168) (2,227) (31) (22,223)TOTAL UNDERWRITING COSTS AND EXPENSES (336,444) (1,470,676) (8,447) (25,557) (1,841,124) NET UNDERWRITING INCOME 46,657 259,578 19,629 20,133 345,997 OTHER OPERATING EXPENSES Allowance for doubtful debts - contribution and re-takaful / reinsurance balances receivable (43,773)General and administrative expenses (172,267)Special commission income 47,749 Net gains on investments mandatorily measured at FVSI 6,796 Dividend income 3,413 Impairment loss on financial assets (322)Other income 1,711 NET INCOME FOR THE PERIOD BEFORE ZAKAT 189,305
Disclosure of board of director's approval of the financial statements [text block]	These Interim financial statements were approved by the Board of Directors of the Company, on Safar 28, 1441, corresponding October 27, 2019.

[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