	English [member]
Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
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	Annual
Reporting period start date	2019-01-01	2018-01-01
Reporting period end date	2019-12-31	2018-12-31
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

	Primary auditor [member]	Second primary auditor [member]
	English [member]	English [member]
Start Date	2019-01-01	2019-01-01
End Date	2019-12-31	2019-12-31
Auditors information [line items]
Details of auditors signing report [abstract]
Name of auditor signing report	Abdullah M. Al Basri	Ali H. Al Basri
Registration number of auditor	171	409
Details of audit firm [abstract]
Name of audit firm	Aldar Audit Bureau	PricewaterhouseCoopers
Registration number of audit firm	36/11/323	25
Contact number of audit firm	(+966) 11 463 0680	(+966) 11 211 0400
Address of audit firm	P.O. Box 2195, Riyadh 11451 Kingdom of Saudi Arabia	P.O. Box 8282, Riyadh 11482 Kingdom of Saudi Arabia

	English [member]
Start Date	2019-01-01
End Date	2019-12-31
Auditors report [line items]
Contents of auditors report [abstract]
Nature of auditors opinion	Unmodified opinion
Auditors opinion	In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as at December 31, 2019, and its financial performance and its cash flows for the year then ended in accordance with International Financial Reporting Standards, that are endorsed in the Kingdom of Saudi Arabia, and other standards and pronouncements issued by the Saudi Organization of Certified Public Accountants ("SOCPA") (collectively) referred to as IFRS that are endorsed in the Kingdom of Saudi Arabia.
Basis of opinion	We conducted our audit in accordance with International Standards on Auditing, 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, as endorsed in the Kingdom of Saudi Arabia that are relevant to our audit of the financial statements, and we have fulfilled our other 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 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 year. 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. For each matter below, a description of how our audit addressed the matter provided in that context: Key Audit Matters (continued)Valuation of ultimate claim liabilities arising from insurance contractsAs at December 31, 2019, outstanding claims including claims incurred but not reported (IBNR) amounted to Saudi Riyals 1,156.87 million as reported in Note 11 to the financial statements.The estimation of ultimate insurance contract liabilities involves a significant degree of judgment. The liabilities are based on the best-estimate of ultimate cost of all claims incurred but not settled at a given date, whether reported or not, together with the related claims handling costs.In particular, estimates of IBNR and the use of actuarial and statistical projections involvea significant judgment. A range of methods e.g. Chain ladder method, Bornhuetter Ferguson method, expected loss ratio method etc. are used by the management’s expert (actuary) to determine these liabilities. Underlying these methods are a number of explicit or implicit assumptions relating to the expected settlement amount and settlement patterns of claims.We considered this as a key audit matter as the determination of ultimate claim liabilities arising from insurance contracts is subjective and relies on management assumptions and judgements.Refer to the significant accounting policies Note 4 to the financial statements, Note 26 which explains the valuation methodology used by the Company and critical judgments and estimates.We understood, evaluated and tested key controls around the claims handling and provision setting processes of the Company and accuracy of claims data used in the actuarial reserving process.We evaluated the competence, capabilities and objectivity of the management’s expert by considering their professional qualifications and experiences and assessing their relationship with the Company.In obtaining a sufficient audit evidence to assess the integrity of data used as inputs into the actuarial valuations, we tested on sample basis, the completeness and accuracy of underlying claims data utilised by the management’s expert in estimating the IBNR by comparing it to accounting records.In order to challenge management’s methodologies and assumptions, we were assisted by our internal expert (actuary) to understand and evaluate the Company’s actuarial practices and provisions established. In order to gain comfort over the actuarial report issued by management’s expert, our internal expert performed the following:- evaluated whether the Company’s actuarial methodologies were consistent with generally accepted actuarial practices and with prior years. We sought sufficient justification for any significant differences;- assessed the reasonableness of key actuarial assumptions including claims ratios and expected frequency and severity of claims;- reviewed the appropriateness of the calculation methods and approach along with the assumptions used and sensitivities to the key assumptions performed; and- assessed the adequacy of the Company’s disclosures regarding assumptions used and sensitivities as included in the accounting policies and in Note 26 to the financial statements.
Responsibilities of management and those charged with governance for financial statements	The Directors are responsible for the preparation and fair presentation of the financial statements in accordance with the International Financial Reporting Standards, that are endorsed in the Kingdom of Saudi Arabia, and other standards and pronouncements issued by the Saudi Organization of Certified Public Accountants, the applicable requirements of the Regulations for Companies and the Company’s By-laws, and for such internal control as the Directors 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, the Directors are 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 the Directors 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 International Standards on Auditing, 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.
Report on other legal and regulatory requirements	Based on the information that has been made available to us, nothing has come to our attention that causes us to believe that the company is not in compliance, in all material respects, with the applicable requirements of the Regulation for companies and the company’s By-laws in so far as they affect the preparation and presentation of the financial statements.
Date of signing audit report by auditor	2020-03-22

Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
Statement of financial position [abstract]
Assets [abstract]
Insurance/ takaful operations assets [abstract]
Deferred policy acquisition costs	44,512	60,868
Reinsurers/ retakaful share of unearned premiums/ contributions	111,870	88,458
Prepayments and other assets, insurance/ takaful operations assets	111,505	54,157
Due from shareholders operations	-328,011	-401,888
Premiums/ insurance receivables/takaful contributions receivable, net	336,149	456,575
Reinsurers/ retakaful share of outstanding claims/ benefits, net	110,180	371,580
Time (Murabaha) deposits, insurance/ takaful operations assets	1,598,708	1,703,637
Available-for-sale investments, insurance/ takaful operations assets	29,982	25,327
Investments held at fair value through statement of income, insurance/ takaful operations assets	170,552	129,853
Cash and cash equivalents, insurance/ takaful operations assets	419,607	355,425
Reinsurers/ retakaful share of mathematical reserves	21	109
reinsurance Retakaful share of outstanding claims IBNR	13,413	13,411
Total insurance/ takaful operations assets	2,618,488	2,857,512
Shareholders assets [abstract]
Property and equipment, net, shareholders assets	25,263	18,713
Statutory deposit	39,969	39,968
Prepayments and other assets, shareholders assets	71,839	30,687
Investments held at fair value through statement of income, shareholders assets	13,004	33,975
Time (Murabaha) deposits, shareholders assets	214,997	85,009
Accrued investment income	944	3,439
Available-for-sale investments, shareholders assets	246,714	130,135
Due from insurance/ takaful operations assets	328,011	401,888
Cash and cash equivalents, shareholders assets	34,273	121,515
Right-of-use assets	9,772
Total shareholders assets	984,786	865,329
Total assets	3,603,274	3,722,841
Liabilities and equity [abstract]
Insurance/ takaful operations liabilities and surplus (deficit) [abstract]
Insurance/ takaful operations liabilities [abstract]
Gross unearned premiums/ contributions	1,123,170	1,302,633
Unearned commission income	8,792	6,002
Reinsurers/ retakaful balance payable	94,637	56,127
Gross outstanding claims/ benefits including IBNR payable	1,130,563	1,295,810
Other technical reserves	113,124	61,370
Accrued expenses payable, insurance/ takaful operations liabilities	92,374	94,045
Total insurance/ takaful operations liabilities	2,562,660	2,815,987
Insurance/ takaful operations surplus (deficit) [abstract]
Surplus (deficit) from insurance/ takaful fund	56,883	47,236
Total insurance/ takaful operations surplus (deficit)	56,883	47,236
Total insurance/ takaful operations liabilities and surplus (deficit)	2,619,543	2,863,223
Shareholders liabilities and equity [abstract]
Shareholders liabilities [abstract]
Zakat payable	39,682	32,439
Income tax payable	1,250	1,250
Accrued expenses payable, shareholders liabilities	36,328	38,063
Other liabilities, shareholders liabilities	12,632	4,346
End of service	18,620	15,119
Total shareholders liabilities	108,512	91,217
Shareholders equity [abstract]
Equity attributable to owners of parent [abstract]
Share capital	400,000	400,000
Statutory reserve	113,082	91,302
Fair value reserve on investments, shareholders equity	28,527	6,553
Retained earnings (accumulated losses)	335,138	270,733
Other reserves	-1,528	-187
Total equity attributable to owners of parent	875,219	768,401
Total equity attributable to equity holders of company	875,219	768,401
Total shareholders liabilities and equity	983,731	859,618
Total insurance/ takaful operations liabilities, surplus (deficit) and shareholders liabilities and equity	3,603,274	3,722,841

Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
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	2,569,804	2,973,594
Excess of loss expense	7,833	14,997
Reinsurance/ retakaful premiums ceded	125,835	95,594
Net premiums/ contributions written	2,436,136	2,863,003
Changes in unearned premiums/ contributions	-202,875	1,774
Net premiums/ contributions earned	2,639,011	2,861,229
Reinsurance/ retakaful commissions	9,661	14,551
Fees and other income from insurance/ takaful operations	2,000	5,972
Total income from insurance/ takaful operations	2,650,672	2,881,752
Cost and expenses [abstract]
Net claims/ benefits incurred [abstract]
Net claims/ benefits paid [abstract]
Gross claims/ benefits paid	2,331,524	2,178,187
Reinsurance/ retakaful share of gross claims/ benefits paid	311,941	99,458
Surrenders and maturities	7,924	3,552
Expenses related to claims	67,450	69,638
Net claims/ benefits paid	2,094,957	2,151,919
Changes in outstanding claims/ benefits including IBNR	96,151	160,062
Changes in other technical reserves	17,269	9,034
Net claims/ benefits incurred	2,208,377	2,321,015
Policy acquisition costs	110,352	109,522
Supervision and inspection fees	17,220	23,530
Impairment charges for other assets, insurance/ takaful operations	-109	346
General and administrative expenses, insurance/ takaful operations	241,195	232,963
Other underwriting income		4,262
Other underwriting expenses	4,007	6,632
Realised gain (loss) on investments held at fair value through statement of income	12,027	8,770
Allowance for doubtful debts	17,759	50,528
Commission income	60,602	58,232
Changes in mathematical reserves	28,034	20,784
Total cost and expenses	2,554,206	2,694,056
Surplus (deficit) for period from insurance/ takaful operations	96,466	187,696
Shareholders appropriation from insurance/ takaful operations surplus (deficit)	86,819	168,926
Net result for period from insurance/ takaful operations after shareholders appropriation	9,647	18,770
Policyholders share of accumulated surplus, at end of period	9,647	18,770

Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
Statement of shareholders operations [abstract]
Profit (loss) [abstract]
Income (loss) from continuing operations [abstract]
Shareholders appropriation of surplus (deficit) transferred from insurance/ takaful operations	86,819	168,926
Revenue [abstract]
Fee income	241,195	232,963
Commission/ profit on deposits	11,449	7,660
Realised gain (loss) on investments held as fair value through statement of income	2,028	1,994
Dividend income	7,016	4,144
Other income	1,548	2,280
Total revenue	263,236	249,041
Expenses [abstract]
General and administrative expenses, shareholders operations	241,195	232,963
Impairment charge for investments, shareholders operations	-25	-23
Total expenses	241,170	232,940
Income (loss) from continuing operations before zakat and income tax	108,885	185,027
Zakat expenses on continuing operations for period	22,700	19,500
Profit (loss) from continuing operations	86,185	165,527
Profit (loss) for the period	86,185	165,527
Profit (loss), attributable to [abstract]
Profit (loss), attributable to saudi shareholders of company	86,185	165,527
Earnings per share [abstract]
Basic earnings (loss) per share [abstract]
Basic earnings (loss) per share from continuing operations	2.15	4.14
Total basic earnings (loss) per share	2.15	4.14
Weighted average number of equity shares outstanding	40000000	40000000
Share closing price at the last trading day of financial year (in numbers)	63.5	66.9

Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
Statement of other comprehensive income, before tax [abstract]
Net result for period from insurance/ takaful operations after shareholders appropriation	9,647	18,770
Other comprehensive income [abstract]
Components of other comprehensive income that will be reclassified to profit or loss [abstract]
Available-for-sale financial assets [abstract]
Gains (losses) on remeasuring available-for-sale financial assets	4,655	-5,711
Total other comprehensive income (loss), available-for-sale financial assets	4,655	-5,711
Total other comprehensive income (loss), that will be reclassified to profit or loss	4,655	-5,711
Total other comprehensive income (loss)	4,655	-5,711
Total comprehensive income (loss) for period	14,302	13,059

Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
Statement of other comprehensive income, before tax [abstract]
Statement of comprehensive income [abstract]
Profit (loss) for the period	86,185	165,527
Other comprehensive income [abstract]
Components of other comprehensive income that will be reclassified to profit or loss [abstract]
Available-for-sale financial assets [abstract]
Gains (losses) on remeasuring available-for-sale financial assets	17,319	10,712
Total other comprehensive income (loss), available-for-sale financial assets	17,319	10,712
Other comprehensive gains (losses) that will be reclassified to profit or loss	-1,341	-187
Total other comprehensive income (loss), that will be reclassified to profit or loss	15,978	10,525
Remeasurment of end of service benefit	-1,341	-187
Total other comprehensive income (loss)	15,978	10,525
Total comprehensive income (loss) for period	102,163	176,052
Total comprehensive income (loss) attributable to [abstract]
Total comprehensive income (loss), attributable to saudi shareholders of company	102,163	176,052
Total comprehensive income (loss), attributable to non-saudi shareholders of company	0	0
Total comprehensive income (loss), attributable to non-controlling interests	0	0

Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
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	9,647	18,770
Adjustments to reconcile net income to net cash from insurance/ takaful operations after shareholders appropriation
Adjustments for unrealised (gains) losses on investments held as fair value through statement of income	-6,532	-1,028
Adjustments for allowance for doubtful receivables	17,759	50,528
Adjustments for impairment (reversal of impairment) charges for held-to-maturity investments	-109	346
Management fees for Admin of takaful	241,195	232,963
Management fees for shareholder operations	86,816	168,926
Total adjustments to reconcile net income to net cash from insurance/ takaful operations after shareholders appropriation	339,129	451,735
Changes in operating assets and liabilities [abstract]
Adjustments for decrease (increase) in premium receivables, net	102,667	-243,818
Adjustments for decrease (increase) in prepayments and other assets	-49,289	-5,709
Adjustments for increase (decrease) in outstanding claims including IBNR	-165,247	402,580
Adjustments for increase (decrease) in reinsurers/ retakaful balance payable	38,510	-10,191
Adjustments for increase (decrease) in accrued expenses and other liabilities	-1,672	13,548
Adjustments for decrease (increase) in reinsurers/ retakaful share of outstanding claims, net	261,400	-242,518
Adjustments for decrease (increase) in deferred policy acquisition costs	16,356	-25,079
Adjustments for decrease (increase) in unearned commission income	2,790	-1,070
Adjustments for movement in gross unearned premiums/ contributions	-179,463	-1,477
Adjustments for reinsurance/ retakaful share of unearned premiums/ contributions	-23,412	3,251
Adjustment for changes in other technical reserves	17,269	9,034
Retakaful reinsurance share of financial liabilities at FVSI	88	5
Retakaful reinsurance share of claims incurred but not reported	-2	0
Financial liabilities at FVSI	34,485	21,741
Deposit against letters of guarantee	-8,019	-1,440
Total changes in operating assets and liabilities	46,461	-81,143
Net cash flows from (used in) insurance/ takaful operations	395,237	389,362
Other inflows (outflows) of cash classified as operating activities, insurance/ takaful operations cash flow		-5,976
Management Fees	-401,888	-343,709
Net cash flows from (used in) operating activities, insurance/ takaful operations	-6,651	39,677
Cash flows from (used in) investing activities, insurance/ takaful operations [abstract]
Proceeds from sales of held-to-maturity investments, insurance/ takaful operations cash flow	1,355,000	670,000
Proceeds from sales of investments held as fair value through statement of income, insurance/ takaful operations cash flow	1,185,249	1,211,077
Purchase of held-to-maturity investments, insurance/ takaful operations cash flow	1,250,000	1,090,000
Purchase of investments held as fair value through statement of income, insurance/ takaful operations cash flow	1,219,416	1,215,073
Purchase of investments designated as FVOCI takaful		31,038
Net cash flows from (used in) investing activities, insurance/ takaful operations	70,833	-455,034
Cash flows from (used in) financing activities, insurance/ takaful operations [abstract]
Adjustments for decrease (increase) in due from shareholders operations	0	204,322
Net cash flows from (used in) financing activities, insurance/ takaful operations	0	204,322
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	64,182	-211,035
Net increase (decrease) in cash and cash equivalents	64,182	-211,035
Cash and cash equivalents at beginning of period	355,425	566,460
Cash and cash equivalents at end of period	419,607	355,425

	English [member]	Note No.
Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
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: 4655

Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
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	108,885	185,027
Net profit (loss) for period (before zakat expenses and income tax)	108,885	185,027
Adjustments to reconcile profit (loss) [abstract]
Adjustments for unrealised loss (gain) on investments held as fair value through statement of income, shareholders cash flow	142	-206
Adjustment for depreciation and amortisation	8,105	7,934
Adjustment for management fees for administration of takaful operations	-241,195	-232,963
Adjustment for management fees attributable to shareholders operations	-86,816	-168,926
Adjustments for impairment (reversal of impairment) charges for investments, shareholders cash flow	-25	-23
Depreciation, right-of-use assets	5,667	0
Total adjustments to reconcile profit (loss)	-309,986	-388,707
End of Service	4,136	5,477
Changes in operating assets and liabilities [abstract]
Adjustments for increase (decrease) in accrued expenses and other liabilities, shareholders cash flow	-426	7,159
Adjustments for decrease (increase) in prepayments and other assets, shareholders assets	-37,315	-14,012
Righ of use assets	-15,439
Lease liabilities	6,978
Accrued income on statutory deposit	-1,307	-873
Total changes in operating assets and liabilities	-47,509	-7,726
Net cash flows from (used in) operations	-248,610	-211,406
Zakat expenses	15,457	12,301
Income taxes refund (paid)	1,976	828
Management fees	401,888	343,709
Net cash flows from (used in) operating activities	135,845	119,174
Cash flows from (used in) investing activities [abstract]
Purchase of investments held at fair value through statement of income	545,000	545,000
Proceeds from investments held at fair value through statement of income	565,829	543,712
Purchase of available-for-sale investments	99,450	94,448
Proceeds from disposal of available-for-sale investments		59,899
Proceeds form Murabaha/ time deposits matured during the period	415,000	280,000
Acquistion of murabaha/ time deposits	545,001	280,000
Purchase of property and equipment	14,655	7,711
Movement in cash balance in equity share portfolio	-190	108
Net cash flows from (used in) investing activities	-223,087	-43,656
Cash flows from (used in) financing activities [abstract]
Adjustments for decrease (increase) in due from shareholders operations	0	204,322
Net cash flows from (used in) financing activities	0	-204,322
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	-87,242	-128,804
Net increase (decrease) in cash and cash equivalents	-87,242	-128,804
Cash and cash equivalents at beginning of period	121,515	250,319
Cash and cash equivalents at end of period	34,273	121,515

	English [member]	Note No.
Start Date	2019-01-01	2018-01-01
End Date	2019-12-31	2018-12-31
Disclosure of other non-cash information [line items]
Disclosure of other non-cash information, shareholders operations [text block]	NON-CASH INFORMATION Changes in fair value of investments designated as FVOCI 10,712 1,552

[400100] Notes forming part of accounts

	English [member]	Note No.
Start Date	2019-01-01
End Date	2019-12-31
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]	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]	The financial statements are prepared under the going concern basis and the historical cost convention, except for investments measured at fair value through statement of income (FVSI), investments designated as fair value through other comprehensive income (FVOCI), unit linked liabilities measured at FVSI and employees' end of service benefits (EOSB) carried at present value. The Company’s 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. The Company has prepared these financial statements in accordance with International Financial Reporting Standards (IFRSs) as modified by SAMA for the accounting of zakat and income tax’, which requires, adoption of all IFRSs as issued by the International Accounting Standards Board (“IASB”) except for the application of International Accounting Standard (IAS) 12 - “Income Taxes” and IFRIC 21 - “Levies” so far as these relate to zakat and income tax. As per the SAMA Circular no. 381000074519 dated April 11, 2017 and subsequent amendments through certain clarifications relating to the accounting for zakat and income tax (“SAMA Circular”), the zakat and income tax are accrued on a quarterly basis through shareholders equity under retained earnings. The Company presents its statement of financial position in order of liquidity. As required by Saudi Arabian insurance regulations, the Company maintains separate books of accounts for Takaful Operations and Shareholders’ Operations and presents the financial information accordingly (refer note 25). The physical custody of all assets related to the Takaful Operations and Shareholders’ Operations are held by the Company. Assets, liabilities, revenues and expenses clearly attributable to each operation are recorded in their respective books. As per the Company’s policy, all general and administrative expenses of Takaful Operations are charged to Shareholders’ Operations. The basis of allocation of other revenue and expenses from joint operations is determined by the management and approved by 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 the end of the fiscal year (refer note 25); 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 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”). Any deficit arising on insurance operations is transferred to the shareholders’ operations in full. The statement of financial position, statements of income, comprehensive income and cash flows of the takaful operations and shareholders’ operations which are presented in note 25 of the financial statement 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 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 income 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. The functional and presentational currency of the Company is Saudi Arabian Riyal (SAR). The financial statements values are presented in SAR rounded off to the nearest thousand, except where otherwise indicated. b) Fiscal year The Company follows a fiscal year ending December 31. c) Critical accounting judgments, estimates and assumptions 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 may differ from these estimates. Estimates and judgments are continually evaluated and based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances Following are the accounting judgments and estimates that were critical in preparation of these financial statements:c) Critical accounting judgments, estimates and assumptions (Continued) i) The ultimate liability arising from claims made under insurance contracts The 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. Measurement of expected credit loss allowance on financial assets accounted for under IFRS 9 The measurement of the expected credit loss allowance for financial assets measured at amortised cost, other than contributions and re-takaful balances receivable, is an area that requires the use of complex models and significant assumptions about future economic conditions. Explanation of the inputs, assumptions and estimation techniques used in measuring expected credit loss (ECL) is further detailed in note 24.1.1, which also sets out key sensitivities of the ECL to changes in these elements. A number of significant judgements are also required in applying the accounting requirements for measuring ECL, such as: a. Determining criteria for significant increase in credit risk;b. Choosing appropriate models and assumptions for the measurement of ECL;c. Establishing groups of similar financial assets for the purposes of measuring ECL.iii) Impairment of contributions and re-takaful balances receivable accounted for under IAS-39Insurance contracts are accounted for under IFRS-4 and excluded from the scope of IFRS-9. Therefore, these continue to be accounted for under IAS-39.A provision for impairment of contribution and re-takaful balances receivable 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 instruments Fair values of investments designated as FVOCI 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 value of such securities not quoted in an active market may be determined by the Company using latest available audited net assets value of the investee. The Company would exercise judgement and estimates on the quantity and quality of pricing sources used. Where no market data is available, the Company may value positions using its own models, which are usually based on valuation methods and techniques generally recognised as standard within the market practice. As of December 31, 2018, the Company has unlisted equity investments of SAR 7.54 million (December 31, 2017 SAR 6.05 million).The accounting policies adopted in the preparation of the financial statements are consistent with those followed in the preparation of the Company’s annual financial statements for the year ended December 31, 2017, except for the new and amended standards and interpretation made in the following which are effective for annual periods beginning on or after January 1, 2018: The Company adopted IFRS 15 ‘Revenue from Contracts with Customers’. IFRS 15 was issued in May 2014 and is effective for annual periods commencing on or after January 1, 2018. IFRS 15 outlines a single comprehensive model of accounting for revenue arising from contracts with customers and supersedes current revenue guidance, which is found currently across several Standards and Interpretations within IFRS. It established a new five-step model that will apply to revenue arising from contracts with customers. Under IFRS 15, revenue is recognized at an amount that reflects the consideration to which an entity expects to be entitled in exchange for transferring goods or services to a customer. The Company has opted for the modified retrospective application permitted by IFRS 15 upon adoption of the new standard. Modified retrospective application requires the recognition of the cumulative impact of adoption of IFRS 15 on all contracts as at January 1, 2018 in equity. IFRS 15 does not have any material impact on the financial statement of the Company. Standards issued but not yet effective The following are the standards which are issued but are not yet effective:IFRS 16 - “Leases”, applicable for the period beginning on or after January 1, 2019. The new standard eliminates the current dual accounting model for lessees under IAS 17, which distinguishes between on-balance sheet finance leases and off-balance sheet operating leases. Instead, IFRS 16 proposes on-balance sheet accounting model. The Company has decided not to early adopt this new standard because currently the Company does not have any material lease contract or commitment which may require restatement in financial statements on adoption of IFRS 16.IFRS 17 - “Insurance Contracts”, applicable for the period beginning on or after January 1, 2021, and will supersede IFRS 4 “Insurance Contracts”. Earlier adoption permitted if both IFRS 15 'Revenue from Contracts with Customers' and IFRS 9 'Financial Instruments' have also been applied. The Company expects a material impact on measurement and disclosure of insurance and reinsurance that will affect both the statement of income and the statement of finacial position. The Company has decided not to early adopt IFRS 17 however IFRS 9 is already adopted effective from January 1, 2017.
Disclosure of statement of compliance [text block]	The financial statements of the Company as at and for the year ended 31 December 2019, have been prepared in accordance with the International Financial Reporting Standards (“IFRS”) as endorsed in the Kingdom of Saudi Arabia (KSA) and other standards and pronouncements issued by Saudi Organization of Certified Public Accountants (SOCPA).” The financial statements of the Comapny as at and for the period and year ended 31 March 2019 and 31 December 2018, respectively, were prepared in compliance with the IAS 34 and the International Financial Reporting Standards (“IFRS”) respectively, as modified by SAMA for the accounting of zakat and income tax (relating to the application of IAS 12 – “Income Taxes” and IFRIC 21 – “Levies” so far as these relate to zakat). On 23 July 2019, SAMA instructed the insurance and/ or reinsurance companies in the Kingdom of Saudi Arabia to account for the zakat and income taxes in the statement of income. This aligns with the IFRS and its interpretations as issued by the International Accounting Standards Board (“IASB”) and as endorsed in the Kingdom of Saudi Arabia and with other standards and pronaoncement that are issued by Saudi Organization of Certified Public Accountants (SOCPA) (collectively) refered to as IFRS as endorsed in the Kingdom of Saudi Arabia Accordingly, beginning period ended June 30, 2019, and onwards, the Company changed its accounting treatment for zakat by retrospectively adjusting the impact in line with International Accounting Standard 8 'Accounting Policies, Changes in Accounting Estimates and Errors' and the effects of this change are disclosed in note 19 to the financial statements).
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 may differ from these estimates. Estimates and judgments are continually evaluated and based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstancesFollowing are the accounting judgments and estimates that were critical in preparation of these financial statements: i) The ultimate liability arising from claims made under insurance contracts The 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. Measurement of expected credit loss allowance on financial assets accounted for under IFRS 9 The measurement of the expected credit loss allowance for financial assets measured at amortised cost, other than contributions and re-takaful balances receivable, is an area that requires the use of complex models and significant assumptions about future economic conditions. Explanation of the inputs, assumptions and estimation techniques used in measuring expected credit loss (ECL) is further detailed in note 26.1.1, which also sets out key sensitivities of the ECL to changes in these elements.Number of significant judgements are also required in applying the accounting requirements for measuring ECL, such as: a. Determining criteria for significant increase in credit risk;b. Choosing appropriate models and assumptions for the measurement of ECL;c. Establishing groups of similar financial assets for the purposes of measuring ECL. iii) Impairment of contributions and re-takaful balances receivable accounted for under IAS-39Insurance contracts are accounted for under IFRS-4 and excluded from the scope of IFRS-9. Therefore, these continue to be accounted for under IAS-39.A provision for impairment of contribution and re-takaful balances receivable 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 instruments Fair values of investments designated as FVOCI 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 value of such securities not quoted in an active market may be determined by the Company using latest available audited net assets value of the investee. The Company would exercise judgement and estimates on the quantity and quality of pricing sources used. Where no market data is available, the Company may value positions using its own models, which are usually based on valuation methods and techniques generally recognised as standard within the market practice. As of December 31, 2019, the Company has unlisted equity investments of SAR 7.54 million (December 31, 2018 SAR 7.54 million).
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.
Disclosure of summary of significant accounting policies [abstract]
Disclosure of summary of significant accounting policies, general comment [text block]	The summary of significant accounting policies are as follows; these policies have been applied consistently where otherwise mentioned.
Description of accounting policy for cash and cash equivalents [text block]	Cash and cash equivalents comprise cash in hand and at bank and murabaha deposits with an original maturity of three months or less from the acquisition date.
Description of accounting policy for premiums/ contributions and insurance/ reinsurance or takaful/ retakaful balance receivables [text block]	Contributions receivable are stated at gross written contributions receivable from insurance contracts, less an allowance for any uncollectible amounts. Contributions and re-takaful balances receivable are recognised when due and measured on initial recognition at the fair value of the consideration receivable. The carrying value of receivable is reviewed for impairment and whenever events or circumstances indicate that the carrying amount may not be recoverable, the impairment loss is recorded in the statement of income. Receivable balances are derecognised when the Company no longer controls the contractual rights that comprise the receivable balance, which is normally the case when the receivable balance is sold, or all the cash flows attributable to the balance are passed through to an independent third party. Receivables disclosed in note 6 fall under the scope of IFRS 4 “Insurance contracts”.
Description of accounting policy for deferred policy acquisition costs [text block]	Commissions and other costs directly related to the acquisition and renewal of takaful contracts are deferred and amortised over the terms of the contract to which they relate, similar to contributions earned. Amortisation is recorded in the “policy acquisition cost” in the statement of income. All other indirect costs are recognised as an expense when incurred. Changes in the expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are accounted for by changing the amortization period and are treated as a change in accounting estimate.An assessment is performed of the policies at each reporting date or if circumstances exist which require assessment. If based on assessment, the assumptions relating to future profitability of these policies are not realised, the amortisation of these costs could be accelerated and this may also require write-off in the statement of income. DPAC is also considered in the liability adequacy test for each reporting period.
Description of accounting policy for property and equipment [text block]	Property and equipment is measured at cost net of accumulated depreciation and accumulated impairment in value if any. Cost includes expenditure that is directly attributable to the acquisition of the assets. Expenditure for repair and maintenance is charged to the statement of income. Improvements that increase the value or materially extend the life of the related assets are capitalised. Depreciation is charged to the statement of income on a straight line basis over the estimated useful lives of the assets. The estimated useful lives of the assets are: Year Office and electrical equipment 5 Furniture and fixtures 6-7 Motor vehicles 5 Computer hardware and software 3 - 5 Any gain or loss on disposal of an item of property and equipment (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in statement of income. An item of property and equipment and any significant part initially recognised is derecognised upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss arising on derecognition of the asset (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in the statement of income when the asset is derecognised. The carrying values of property and equipment are reviewed for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable. If any such indication exists and where the carrying values exceed the estimated recoverable amount, the assets are written down to their recoverable amount. The residual values, useful lives and methods of depreciation of property, equipment are reviewed at each financial year end and adjusted prospectively, if appropriate.
Description of accounting policy for statutory reserve [text block]	In accordance with the Company’s by-laws, the Company shall allocate 20% of its net income from shareholders operations each year to the statutory reserve until it has built up a reserve equal to the share capital. The reserve is not available for distribution.
Description of accounting policy for employees end of service benefits [text block]	The Company operates an end of service benefit plan for its employees based on the prevailing Saudi Labor Laws. Accruals are made at the present value of expected future payments in respect of services provided by the employees up to the end of the reporting period using the projected unit credit method. Consideration is given to expected future wage and salary levels, experience of employee departures and periods of service. Expected future payments are discounted using market yields at the end of the reporting period of high-quality corporate bonds with terms and currencies that match, as closely as possible, the estimated future cash outflows. The benefit payments obligation is discharged as and when it falls due. Re-measurements (actuarial gains/ losses) as a result of experience adjustments and changes in actuarial assumptions are recognised in other comprehensive income.
Description of accounting policy for zakat [text block]	The Company is subject to zakat in accordance with the regulations of the General Authority of Zakat and Tax (“GAZT”). Zakat is computed on the Saudi shareholders’ share of equity or net income using the basis defined under the Zakat regulations. Income taxes are computed on the foreign shareholders share of net adjusted income for the year. Zakat and income tax is accrued on a quarterly basis. Effective January 1, 2017.On 23 July 2019, SAMA instructed the insurance and / or reinsurance companies in the Kingdom of Saudi Arabia to account for the zakat and income taxes in the statement of income. This aligns with the IFRS and its interpretations as issued by the International Accounting Standards Board (“IASB”) and as endorsed in the Kingdom of Saudi Arabia nad with other standards and pronaoncement that are issued by Saudi Organization of Certified Public Accountants (SOCPA) (collectively) refered to as IFRS as endorsed in the Kingdom of Saudi Arabia.
Description of accounting policy for statutory deposit [text block]	In accordance with the Cooperative Insurance Companies Control Law issued by the Saudi Arabian Monetary Authority (“SAMA”), the Company is required to maintain a deposit in a bank account equal to 10% of the paid up share capital of the Company. This statutory deposit cannot be withdrawn without the consent of SAMA. Statutory deposit is classified as a financial asset and is carried at amortized cost.
Description of accounting policy for seasonality of operations [text block]	There are no seasonal changes that may affect insurance operations of the Company.
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 year ended Balance receivable / (payable) as at December 31, December 31, December 31, December 31, 2018 2017 2018 2017 SAR’000Major shareholders Gross contribution written 1,050,802 1,339,545 249,872 121,017 Claims paid 893,069 1,023,048 (2,172) (3,743) Claims incurred and notified during the period 894,571 1,047,137 (148,001) (146,500) Reimbursement from related party 340 239 - 340 Bank Balance - - 274,705 289,236 Investment in shares of Al Rajhi Banking and Investment Corporation - - 25,901 13,679 Entities controlled, jointly controlled or significantly influenced by related parties Gross contribution written 29,323 24,201 3,382 22,784 Claims paid 77,295 16,441 - (1,148) Claims incurred and notified during the period 333,532 15,072 (277,417) (14,784) Investments managed by affiliates 6,114 745 95,500 88,857 Income received from sale of investment in Al Rajhi Capital commodity fund 5,944 7,955 - - Investment management fee paid to Al Rajhi Capital Company 3,251 2,257 - - Commission to Al Rajhi Takaful Agency 1,558 2,778 1,701 2,855
Disclosure of zakat [text block]	A summary of Movement in the Zakat and income tax accrued during the year ended 31 December 2019 and the year ended 31 December 2018 are as follows: a) The zakat charge for the year has been computed as follows: December 31, 2019 December 31, 2018 SAR’000 SAR’000 Equity 768,401 598,060 Opening allowances and other adjustments 184,623 62,130 Book value of long term assets (117,317) (125,632) 835,707 534,558 Zakatable income for the year 72,293 245,442 Zakat base 908,000 780,000 Zakat @ 2.5% 22,700 19,500 The differences between the income as per the financial statements and zakatable income (income subject to zakat which is computed based on zakat rules) for the year used for zakat base is mainly due to provisions, which are not allowed in the calculation of zakatable income. b) Movements in zakat accrued are as follows: Zakat payable December 31, 2019 December 31, 2018 SR '000 SR '000 Balance at beginning of the year 33,689 26,490Provided during the year 22,700 19,500Payments during the year (15,457) (12,301)Balance at end of the year 40,932 33,689 Shareholdings Following are the shareholding structure of the Company as on: December 31, 2019 December 31, 2018 Shareholding subject to Zakat 100% 100% Status of assessments The Company had filed zakat and income tax returns with the General Authority of Zakat and Tax (“GAZT”) for the years from 2010 to 2018. GAZT requested data from the company for the assessment years 2010 to 2015. The Company is fully engaged with the consultant. The requested information has been provided to the consultant who is in the process of submitting reply to GAZT For the year 2011, the Company has filed an appeal to recover the additional paid zakat against the additional zakat assessment of SAR 1.852 million raised by the GAZT. The appeal is still pending accordingly, no receivable is recorded or contingent asset is disclosed. The Zakat and income tax payable by the Company has been calculated based on the best estimate of the management.Change in accounting treatment in relation to zakat The change in accounting treatment for zakat and income tax has the following impact on the statements of income, comprehensive income and changes in equity Statement of income (restated) SAR ‘000Account As previously stated for the year ended December 31, 2018Net income for the year attributable to the shareholders before Zakat 185,027 Effect of restatement relating to zakat (Zakat charge for the year) (19,500)Net income for the year after Zakat 165,527 Statement of comprehensive income (restated) SAR ‘000Account As previously stated for the year ended December 31, 2018Total comprehensive income for the year before zakat 208,611 Effect of restatement relating to zakat (Zakat charge for the year) (19,500)Total comprehensive income for the year 189,111 Statement of changes in shareholders’ equity (restated) SAR ‘000Account As previously stated Effect of restatement relating to zakat As restated Net income for the year ended December 31, 2018 185,027 (19,500) 165,527 The basic and diluted earning per share have been restated for the effects of the change in accounting policy, as mentioned below: Basic and diluted earning per share SAR Account As previously stated Effect of restatement relating to zakat As restated Basic and diluted earning per share for the year ended December 31, 2018 4.63 (0.49) 4.14
Disclosure of compensation to key management personnel [text block]	The compensation of key management personnel during the year is as follows: December 31, 2019 December 31, 2018 SAR’000 Salaries and other allowances 7,070 6,198 End of service benefits 3,461 2,424 10,531 8,622 Shariah committee remuneration 248 340
Disclosure of earnings per share [text block]	Earnings per share for the year ended December 31, 2019 and year ended December 31, 2018 is calculated by dividing the net income for the year attributable to the equity holders by 40 million shares. There were no dilutive potential shares in issue as at December 31, 2019 and December 31, 2018.
Disclosure of related party transactions [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 year and the related balances: Transactions for the year ended Balance receivable / (payable) as at December 31, December 31, December 31, December 31, 2019 2018 2019 2018 SAR’000Major shareholders Gross contribution written 861,880 1,050,802 142,152 249,872 Claims paid 615,901 893,069 (3,348) (2,172) Claims incurred and notified during the period 662,212 894,571 (194,312) (148,001) Reimbursement from related party - 340 - - Bank Balance - - 332,713 274,705 Investment in shares of Al Rajhi Banking and Investment Corporation - - 29,783 25,901 Entities controlled, jointly controlled or significantly influenced by related parties Gross contribution written 2,235 29,323 1,559 3,382 Claims paid 1,534 77,295 - - Claims incurred and notified during the period 1,749 333,532 (568) (277,417) Investments managed by affiliates 6,921 6,114 115,228 95,500 Income received from sale of investment in Al Rajhi Capital commodity fund 6,772 5,944 - - Investment management fee paid to Al Rajhi Capital Company 2,829 3,251 - - Commission to Al Rajhi Takaful Agency 4,739 1,558 (6,815) 1,701
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 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 / reinsurance 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 December 31, 2019 and December 31, 2018, its total revenues, expenses, and net income for period ended, are as follows: For the year ended December 31, 2019 Customers' category Medical Motor Property & casualty Protection&Savings Total SAR’000GROSS CONTRIBUTION WRITTEN Retail 24,451 511,105 7,452 51,566 594,574 Very small 86,034 - - - 86,034 Small 83,607 57,384 - - 140,991 Medium 122,452 117,840 - - 240,292 Corporate 182,732 1,134,728 138,150 52,303 1,507,913 TOTAL GROSS CONTRIBUTION WRITTEN 499,276 1,821,057 145,602 103,869 2,569,804 For the year ended December 31, 2018 Customers' category Medical Motor Property & casualty Protection&Savings Total SAR’000GROSS CONTRIBUTION WRITTEN Retail 4,724 510,670 4,265 35,844 555,503 Very small 109,378 - - - 109,378 Small 129,676 34,366 - - 164,042 Medium 174,681 131,345 - - 306,026 Corporate 275,807 1,424,718 97,014 41,106 1,838,645 TOTAL GROSS CONTRIBUTION WRITTEN 694,266 2,101,099 101,279 76,950 2,973,594 As at December 31, 2019 Takaful operations Operating segments Medical Motor Property & Casualty Protection & Savings Total - Takaful operations Shareholders’ operations Total SAR’000Assets: Cash and cash equivalents - - - - 442,038 38,980 481,018 Contributions and re-takaful / reinsurance balances receivable – net - - - - 336,149 - 336,149 Re-takaful / reinsurance share of unearned contributions - 30,343 79,824 1,703 111,870 - 111,870 Re-takaful / reinsurance share of outstanding claims - 19,531 80,685 9,964 110,180 - 110,180 Re-takaful / reinsurance share of claims incurred but not reported - - 6,815 6,598 13,413 - 13,413 Deferred policy acquisition costs 13,430 24,567 6,096 419 44,512 - 44,512 Investments mandatorily measured at FVSI - - - - 540,015 13,004 553,019 Investments designated as FVOCI - - - - 29,982 246,714 276,696 Investments held at amortised cost - - - - 1,598,708 214,997 1,813,705 Right-of-use assets - - - - - 9,772 9,772 Unallocated assets - - - - (280,370) 133,310 (147,060)Total assets 13,430 74,441 173,420 18,684 2,618,486 984,788 3,603,274 Liabilities, accumulated surplus & equity Unearned contributions 193,718 827,478 97,832 4,143 1,123,170 - 1,123,170 Unearned re-takaful / reinsurance commission - 1,291 7,501 - 8,792 - 8,792 Gross outstanding claims 23,172 231,011 84,827 14,591 353,601 - 353,601 Claims incurred but not reported 173,995 584,603 8,454 9,910 776,962 - 776,962 Contribution deficiency reserve 25,292 - 1,011 - 26,303 - 26,303 Lease obligations - - - - - 6,978 6,978 Unallocated liabilities, equity and surplus - - - - 329,658 977,810 1,307,468 Total liabilities, accumulated surplus and equity 416,178 1,644,383 199,625 28,643 2,618,486 984,788 3,603,274 As at December 31, 2018 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 - - - - 499,316 33,975 533,291 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 - - - - 39,894 91,937 131,831 Total assets 28,845 74,124 419,823 11,525 3,628,863 463,441 4,092,304 Liabilities, accumulated surplus & equity 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 year ended December 31, 2019 Operating segments Medical Motor Property&Casualty Protection&Savings Total SAR’000REVENUES Gross contributions written 499,276 1,821,057 145,602 103,869 2,569,804 Re-takaful / reinsurance contributions ceded 165 (2,737) (106,173) (17,090) (125,835)Excess of loss expenses (XOL) - (5,987) (1,846) - (7,833)Net contributions written 499,441 1,812,333 37,583 86,779 2,436,136 Changes in unearned contributions, net 168,080 41,074 (6,753) 474 202,875 Net contributions earned 667,521 1,853,407 30,830 87,253 2,639,011 Re-takaful / reinsurance commission income - 812 8,849 - 9,661 Other underwriting income (204) 554 155 1,495 2,000 TOTAL REVENUES 667,317 1,854,773 39,834 88,748 2,650,672 UNDERWRITING COSTS AND EXPENSES Gross claims paid and loss adjustment expenses (752,220) (1,266,202) (296,100) (17,002) (2,331,524)Surrender and maturities - - - (7,924) (7,924)Expenses incurred related to claims (4,204) (63,246) - - (67,450)Re-takaful / re-insurance share of claims paid - 5,566 295,222 11,153 311,941 Net claims and other benefits paid (756,424) (1,323,882) (878) (13,773) (2,094,957)Changes in outstanding claims, net 16,410 (63,099) (756) (3,460) (50,905)Changes in incurred but not reported (IBNR) claims, net (81,890) 35,728 142 774 (45,246)Contrbution deficiency reserve (16,258) - (1,011) - (17,269)Net claims and other benefits incurred (838,162) (1,351,253) (2,503) (16,459) (2,208,377)Change in unit linked liabilities at FVSI, net - - - (28,034) (28,034)Policy acquisition costs (50,029) (40,647) (9,173) (10,503) (110,352)Other underwriting expenses (5,948) (13,631) (756) (892) (21,227)TOTAL UNDERWRITING COSTS AND EXPENSES (894,139) (1,405,531) (12,432) (55,888) (2,367,990) NET UNDERWRITING INCOME (226,822) 449,242 27,402 32,860 282,682 OTHER OPERATING EXPENSES Allowance for doubtful debts - contribution and re-takaful / reinsurance balances receivable - - - - (17,759)General and administrative expenses - - - - (241,195)Special commission income - - - - 72,051 Net gains on investments mandatorily measured at FVSI - - - - 14,055 Dividend income - - - - 7,016 Impairment loss on financial assets - - - - 134 Other income - - - - 1,548 NET INCOME FOR THE YEAR BEFORE ZAKAT 118,532 For the year ended December 31, 2018 Operating segments Medical Motor Property & casualty Protection&Savings Total SAR’000REVENUES Gross contributions written 694,266 2,101,099 101,279 76,950 2,973,594 Re-takaful / reinsurance contributions ceded (1,055) (10,741) (72,294) (11,504) (95,594)Excess of loss expenses (XOL) - (10,125) (4,872) - (14,997)Net contributions written 693,211 2,080,233 24,113 65,446 2,863,003 Changes in unearned contributions, net (156,979) 157,010 369 (2,174) (1,774)Net contributions earned 536,232 2,237,243 24,482 63,272 2,861,229 Re-takaful / reinsurance commission income 37 1,901 12,402 211 14,551 Other underwriting income (5) 4,488 298 1,191 5,972 TOTAL REVENUES 536,264 2,243,632 37,182 64,674 2,881,752 UNDERWRITING COSTS AND EXPENSES Gross claims paid and loss adjustment expenses (460,246) (1,623,205) (85,426) (9,310) (2,178,187)Surrender and maturities - - - (3,552) (3,552)Expenses incurred related to claims (4,091) (65,547) - - (69,638)Re-takaful / reinsurance share of claims paid - 10,910 81,620 6,928 99,458 Net claims and other benefits paid (464,337) (1,677,842) (3,806) (5,934) (2,151,919)Changes in outstanding claims, net 4,613 (17,709) 3,055 (688) (10,729)Changes in incurred but not reported (IBNR) claims, net (34,888) (112,311) (89) (2,045) (149,333)Change in contrbution deficiency reserve (9,034) - - - (9,034)Net claims and other benefits incurred (503,646) (1,807,862) (840) (8,667) (2,321,015)Change in unit linked liabilities at FVSI - - - (20,784) (20,784)Policy acquisition costs (39,169) (57,123) (7,780) (5,450) (109,522)Other underwriting expenses (12,002) (15,647) (2,125) (388) (30,162)TOTAL UNDERWRITING COSTS AND EXPENSES (554,817) (1,880,632) (10,745) (35,289) (2,481,483) NET UNDERWRITING INCOME (18,553) 363,000 26,437 29,385 400,269 OTHER OPERATING EXPENSES Allowance for doubtful debts - contribution and re-takaful / reinsurance balances receivable - - - - (50,528)General and administrative expenses - - - - (232,963)Special commission income - - - - 65,892 Net gains on investments mandatorily measured at FVSI - - - - 10,764 Dividend income - - - - 4,144 Impairment loss on financial assets - - - - (323)Other income - - - - 6,542 NET INCOME FOR THE YEAR BEFORE ZAKAT 203,797
Disclosure of insurance/ takaful operations surplus and dividends [text block]	Dividend distribution to the Company’s shareholders is recognised as a liability in the Company’s financial statements in the period in which the dividends are approved by the Company’s shareholders.
Disclosure of comparative figures [text block]	Certain of the prior year figures have been reclassified to conform to the current year presentation.
Disclosure of board of director's approval of the financial statements [text block]	These financial statements were approved by the Board of Directors of the Company, on Rajab 16, 1441, corresponding March 11, 2020.
Disclosure of other notes relevant to understanding of financial statements [text block]	The existence of novel coronavirus (Covid-19) was confirmed in early 2020 and has spread across mainland China and beyond, causing disruptions to businesses, economic activity and increase in insurance claims mainly relating to the medical line of business in those jurisdictions. The Company considers this outbreak to be a non-adjusting post balance sheet event. As the situation is fluid and rapidly evolving, we do not consider it practicable to provide a quantitative estimate of the potential impact of this outbreak on the Company. The impact of this outbreak on the reserving of IBNR will be considered into the Company’s estimates of future ultimate claim liability in 2020.

[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