	English [member]
Start Date	2020-01-01	2019-01-01
End Date	2020-03-31	2019-03-31
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	Quarter 1
Reporting period start date	2020-01-01	2019-01-01
Reporting period end date	2020-03-31	2019-03-31
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	2020-01-01	2020-01-01
End Date	2020-03-31	2020-03-31
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	2020-01-01
End Date	2020-03-31
Auditors report [line items]
Disclosures of auditors report [text block]	In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as at March 31, 2020 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.
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 March 31, 2020 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.
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	2020-05-20

Start Date	2020-01-01	2019-01-01	2019-01-01
End Date	2020-03-31	2019-12-31	2019-03-31
Statement of financial position [abstract]
Assets [abstract]
Insurance/ takaful operations assets [abstract]
Deferred policy acquisition costs	51,058	44,512	59,931
Reinsurers/ retakaful share of unearned premiums/ contributions	127,883	111,870	82,647
Prepayments and other assets, insurance/ takaful operations assets	76,956	111,503	41,576
Due from shareholders operations	-113,537	-328,011	-45,202
Premiums/ insurance receivables/takaful contributions receivable, net	523,503	336,149	473,206
Reinsurers/ retakaful share of outstanding claims/ benefits, net	108,088	110,180	105,111
Time (Murabaha) deposits, insurance/ takaful operations assets	1,298,888	1,598,708	1,383,823
Available-for-sale investments, insurance/ takaful operations assets	26,289	29,982	26,289
Investments held at fair value through statement of income, insurance/ takaful operations assets	166,657	170,552	141,455
Cash and cash equivalents, insurance/ takaful operations assets	456,204	419,609	552,125
Reinsurers/ retakaful share of mathematical reserves	23	21	102
reinsurance Retakaful share of outstanding claims IBNR	16,982	13,413	12,790
Total insurance/ takaful operations assets	2,738,994	2,618,488	2,833,853
Shareholders assets [abstract]
Property and equipment, net, shareholders assets	42,072	25,263	18,135
Statutory deposit	39,969	39,969	39,969
Prepayments and other assets, shareholders assets	67,445	71,841	36,961
Investments held at fair value through statement of income, shareholders assets	6,107	13,004	31,684
Time (Murabaha) deposits, shareholders assets	115,024	214,997	384,829
Accrued investment income	1,173	944	3,659
Available-for-sale investments, shareholders assets	239,856	246,714	143,857
Due from insurance/ takaful operations assets	113,537	328,011	45,202
Cash and cash equivalents, shareholders assets	369,535	34,271	171,873
Right-of-use assets	8,540	9,772	12,856
Total shareholders assets	1,003,258	984,786	889,025
Total assets	3,742,252	3,603,274	3,722,878
Liabilities and equity [abstract]
Insurance/ takaful operations liabilities and surplus (deficit) [abstract]
Insurance/ takaful operations liabilities [abstract]
Gross unearned premiums/ contributions	1,277,065	1,123,170	1,431,300
Unearned commission income	10,025	8,792	6,155
Reinsurers/ retakaful balance payable	91,464	94,637	45,187
Gross outstanding claims/ benefits including IBNR payable	1,116,677	1,130,563	1,074,628
Other technical reserves	97,790	113,124	124,617
Accrued expenses payable, insurance/ takaful operations liabilities	90,245	92,374	109,362
Total insurance/ takaful operations liabilities	2,683,266	2,562,660	2,791,249
Insurance/ takaful operations surplus (deficit) [abstract]
Surplus (deficit) from insurance/ takaful fund	60,477	56,883	47,353
Total insurance/ takaful operations surplus (deficit)	60,477	56,883	47,353
Total insurance/ takaful operations liabilities and surplus (deficit)	2,743,743	2,619,543	2,838,602
Shareholders liabilities and equity [abstract]
Shareholders liabilities [abstract]
Zakat payable	45,482	39,682	37,254
Income tax payable	1,250	1,250	1,250
Accrued expenses payable, shareholders liabilities	57,798	36,328	29,445
Other liabilities, shareholders liabilities	12,813	12,632	4,567
Lease liabilities			13,111
End of service	19,471	18,620	16,353
Total shareholders liabilities	136,814	108,512	101,980
Shareholders equity [abstract]
Equity attributable to owners of parent [abstract]
Share capital	400,000	400,000	400,000
Statutory reserve	120,348	113,082	92,182
Fair value reserve on investments, shareholders equity	-15,522	28,527	20,879
Retained earnings (accumulated losses)	358,397	335,138	269,422
Other reserves	-1,528	-1,528	-187
Total equity attributable to owners of parent	861,695	875,219	782,296
Total equity attributable to equity holders of company	861,695	875,219	782,296
Total shareholders liabilities and equity	998,509	983,731	884,276
Total insurance/ takaful operations liabilities, surplus (deficit) and shareholders liabilities and equity	3,742,252	3,603,274	3,722,878

Start Date	2020-01-01	2019-01-01
End Date	2020-03-31	2019-03-31
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	787,542	843,573
Excess of loss expense	2,063	924
Reinsurance/ retakaful premiums ceded	58,131	16,500
Net premiums/ contributions written	727,348	826,149
Changes in unearned premiums/ contributions	137,883	134,478
Net premiums/ contributions earned	589,465	691,671
Reinsurance/ retakaful commissions	5,502	2,043
Fees and other income from insurance/ takaful operations	691	766
Total income from insurance/ takaful operations	595,658	694,480
Cost and expenses [abstract]
Net claims/ benefits incurred [abstract]
Net claims/ benefits paid [abstract]
Gross claims/ benefits paid	454,380	806,499
Reinsurance/ retakaful share of gross claims/ benefits paid	9,424	296,813
Surrenders and maturities	2,888	1,108
Expenses related to claims	17,001	16,947
Net claims/ benefits paid	464,845	527,741
Changes in outstanding claims/ benefits including IBNR	-15,363	45,909
Changes in other technical reserves	-15,891	53,223
Net claims/ benefits incurred	433,591	626,873
Policy acquisition costs	28,385	26,799
Supervision and inspection fees	5,727	6,955
Impairment charges for other assets, insurance/ takaful operations	-130	-71
General and administrative expenses, insurance/ takaful operations	81,174	44,148
Realised gain (loss) on investments held at fair value through statement of income	1,734	2,182
Allowance for doubtful debts	17,356	1,254
Commission income	13,229	17,189
Changes in mathematical reserves	8,561	6,722
Total cost and expenses	559,701	693,309
Surplus (deficit) for period from insurance/ takaful operations	35,957	1,171
Shareholders appropriation from insurance/ takaful operations surplus (deficit)	32,361	1,054
Net result for period from insurance/ takaful operations after shareholders appropriation	3,596	117
Policyholders share of accumulated surplus, at end of period	3,596	117

Start Date	2020-01-01	2019-01-01
End Date	2020-03-31	2019-03-31
Statement of shareholders operations [abstract]
Profit (loss) [abstract]
Income (loss) from continuing operations [abstract]
Shareholders appropriation of surplus (deficit) transferred from insurance/ takaful operations	32,361	1,054
Revenue [abstract]
Fee income	81,174	44,148
Commission/ profit on deposits	1,905	1,426
Realised gain (loss) on investments held as fair value through statement of income	603	709
Dividend income	1,383	871
Other income	275	466
Total revenue	85,340	47,620
Expenses [abstract]
General and administrative expenses, shareholders operations	81,174	44,148
Impairment charge for investments, shareholders operations	202	142
Total expenses	81,376	44,290
Income (loss) from continuing operations before zakat and income tax	36,325	4,384
Zakat expenses on continuing operations for period	5,800	4,815
Profit (loss) from continuing operations	30,525	-431
Profit (loss) for the period	30,525	-431
Profit (loss), attributable to [abstract]
Profit (loss), attributable to saudi shareholders of company	30,525	-431
Earnings per share [abstract]
Basic earnings (loss) per share [abstract]
Basic earnings (loss) per share from continuing operations	0.7631	-0.0118
Total basic earnings (loss) per share	0.7631	-0.0118
Weighted average number of equity shares outstanding	40000000	40000000

Start Date	2020-01-01	2019-01-01
End Date	2020-03-31	2019-03-31
Statement of other comprehensive income, before tax [abstract]
Net result for period from insurance/ takaful operations after shareholders appropriation	3,596	117
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	-3,693	962
Total other comprehensive income (loss), available-for-sale financial assets	-3,693	962
Total other comprehensive income (loss), that will be reclassified to profit or loss	-3,693	962
Total other comprehensive income (loss)	-3,693	962
Total comprehensive income (loss) for period	-97	1,079

Start Date	2020-01-01	2019-01-01
End Date	2020-03-31	2019-03-31
Statement of other comprehensive income, before tax [abstract]
Statement of comprehensive income [abstract]
Profit (loss) for the period	30,525	-431
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	-40,356	13,364
Total other comprehensive income (loss), available-for-sale financial assets	-40,356	13,364
Total other comprehensive income (loss), that will be reclassified to profit or loss	-40,356	13,364
Total other comprehensive income (loss)	-40,356	13,364
Total comprehensive income (loss) for period	-9,831	12,933
Total comprehensive income (loss) attributable to [abstract]
Total comprehensive income (loss), attributable to saudi shareholders of company	-9,831	12,933
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	2020-01-01	2019-01-01
End Date	2020-03-31	2019-03-31
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	3,596	117
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	8,014	-3,303
Adjustments for allowance for doubtful receivables	17,351	1,254
Adjustments for impairment (reversal of impairment) charges for held-to-maturity investments	-130	-71
Management fees for Admin of takaful	81,174	44,148
Management fees for shareholder operations	32,363	1,054
Total adjustments to reconcile net income to net cash from insurance/ takaful operations after shareholders appropriation	138,772	43,082
Changes in operating assets and liabilities [abstract]
Adjustments for decrease (increase) in premium receivables, net	-204,705	-17,885
Adjustments for decrease (increase) in prepayments and other assets	29,778	10,817
Adjustments for increase (decrease) in outstanding claims including IBNR	-7,309	4,216
Adjustments for increase (decrease) in reinsurers/ retakaful balance payable	-3,173	-10,940
Adjustments for increase (decrease) in accrued expenses and other liabilities	-2,132	15,316
Adjustments for decrease (increase) in reinsurers/ retakaful share of outstanding claims, net	2,092	266,469
Adjustments for decrease (increase) in deferred policy acquisition costs	-6,546	937
Adjustments for decrease (increase) in unearned commission income	1,233	153
Adjustments for reinsurance/ retakaful share of unearned premiums/ contributions	-16,013	5,811
Adjustment for changes in other technical reserves	-15,891	53,223
Retakaful reinsurance share of financial liabilities at FVSI	-2	7
Retakaful reinsurance share of claims incurred but not reported	-3,569	621
Deposit against letters of guarantee	4,719	1,651
Unearned contribution	153,895	128,667
Financial liabilities at FVSI	557	10,024
Gross outstanding claims	-6,577	-225,398
Total changes in operating assets and liabilities	-73,643	243,689
Net cash flows from (used in) insurance/ takaful operations	68,725	286,888
Management Fees	-328,011	0
Net cash flows from (used in) operating activities, insurance/ takaful operations	-259,286	286,888
Cash flows from (used in) investing activities, insurance/ takaful operations [abstract]
Proceeds from sales of held-to-maturity investments, insurance/ takaful operations cash flow	300,000	520,000
Proceeds from sales of investments held as fair value through statement of income, insurance/ takaful operations cash flow	323,909	323,776
Purchase of held-to-maturity investments, insurance/ takaful operations cash flow		200,000
Purchase of investments held as fair value through statement of income, insurance/ takaful operations cash flow	328,028	332,075
Net cash flows from (used in) investing activities, insurance/ takaful operations	295,881	311,701
Cash flows from (used in) financing activities, insurance/ takaful operations [abstract]
Adjustments for decrease (increase) in due from shareholders operations	0	-401,889
Net cash flows from (used in) financing activities, insurance/ takaful operations	0	-401,889
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	36,595	196,700
Net increase (decrease) in cash and cash equivalents	36,595	196,700
Cash and cash equivalents at beginning of period	419,609	355,425
Cash and cash equivalents at end of period	456,204	552,125

	English [member]	Note No.
Start Date	2020-01-01	2019-01-01
End Date	2020-03-31	2019-03-31
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: (3,693)

Start Date	2020-01-01	2019-01-01
End Date	2020-03-31	2019-03-31
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	36,325	4,384
Net profit (loss) for period (before zakat expenses and income tax)	36,325	4,384
Adjustments to reconcile profit (loss) [abstract]
Adjustments for unrealised loss (gain) on investments held as fair value through statement of income, shareholders cash flow	202	142
Adjustment for depreciation and amortisation	1,661	2,200
Adjustment for management fees for administration of takaful operations	-81,174	-44,148
Adjustment for management fees attributable to shareholders operations	-32,363	-1,054
Adjustments for realised loss (gain) on investments held as fair value through statement of income, shareholders cash flow	51	15
Depreciation, right-of-use assets	1,274	1,114
End of Service	1,836	1,701
Total adjustments to reconcile profit (loss)	-108,513	-40,030
Changes in operating assets and liabilities [abstract]
Adjustments for increase (decrease) in accrued expenses and other liabilities, shareholders cash flow	21,701	-8,398
Adjustments for decrease (increase) in prepayments and other assets, shareholders assets	4,166	-6,237
Righ of use assets	-42	-13,970
Lease liabilities	-48	13,111
Accrued income on statutory deposit	-229	-220
Total changes in operating assets and liabilities	25,548	-15,714
Net cash flows from (used in) operations	-46,640	-51,360
Management fees	328,011
Employee end of service paid	-985	-467
Net cash flows from (used in) operating activities	280,386	-51,827
Cash flows from (used in) investing activities [abstract]
Purchase of investments held at fair value through statement of income	333,000	215,000
Proceeds from investments held at fair value through statement of income	339,846	217,276
Purchase of available-for-sale investments	10,140
Purchase of held-to-maturity investments		300,000
Proceeds from disposal of held-to-maturity investments	100,000
Purchase of property and equipment	18,470	1,622
Movement in cash balance in equity share portfolio	23,358	358
Net cash flows from (used in) investing activities	54,878	-299,704
Cash flows from (used in) financing activities [abstract]
Adjustments for decrease (increase) in due from shareholders operations	0	-401,889
Net cash flows from (used in) financing activities	0	401,889
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	335,264	50,358
Net increase (decrease) in cash and cash equivalents	335,264	50,358
Cash and cash equivalents at beginning of period	34,271	121,515
Cash and cash equivalents at end of period	369,535	171,873

	English [member]	Note No.
Start Date	2020-01-01	2019-01-01
End Date	2020-03-31	2019-03-31
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 (40,356)

[400100] Notes forming part of accounts

	English [member]	Note No.
Start Date	2020-01-01
End Date	2020-03-31
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 statement of compliance [text block]	The interim condensed financial statements (interim condensed financial information) of the Company as at and for the three months period ended 31 March 2020 have been prepared in accordance with International Accounting Standard 34 'Interim Financial Reporting' (“IAS 34”), 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 Company as at and for the three month period ended 31 March 2019, 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 kingdoam of Saudi Arabia nad with other standards and pronaoncement that are issued by the 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' (as disclosed in note 3a) and the effects of this change are disclosed in note 14 to the interim condensed financial statements).
Disclosure of critical accounting judgements, estimates and assumptions, general [text block]	The preparation of interim condensed 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 this interim condensed financial information, the significant judgments made by the management in applying the Company’s accounting policies and the key sources of estimation uncertainty were the same as those that applied to the financial statements for the year ended 31 December 2019. Further, the Company has considered the following: On 11 March 2020, the World Health Organization (“WHO”) declared the Coronavirus (“COVID-19”) outbreak as a pandemic in recognition of its rapid spread across the globe. This outbreak has also affected the GCC region including the Kingdom of Saudi Arabia. Governments all over the world took steps to contain the spread of the virus. Saudi Arabia in particular has implemented closure of borders, released social distancing guidelines and enforced country wide lockdowns and curfews. In response to the spread of the Covid-19 virus in the country where the Company operates and its consequential disruption to the social and economic activities in the market, the Company’s management has proactively assessed its impacts on its operations and has taken a series of proactive and preventative measures and processes to ensure: - the health and safety of its employees and the wider community where it is operating- the continuity of its business throughout the Kingdom is protected and kept intact. Also refer subsequent event note 20 in relation to SAMA Circular 189 issued on 8 May 2020 in response to the Covid-19 pandemic.In preparing this interim condensed financial information, the significant judgments made by the 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 applied to the annual financial statements as at and for the year ended December 31, 2019.Impact of covid-19 on the medical technical reserves and financial assets Medical technical reserves Notwithstanding these challenges, the Company’s management believes that the technical reserves for medical line of business remain largely unaffected as the insurance industry is facilitated by the Saudi Arabian Government initiative of bearing all costs associated with Covid-19 pandemic, which include testing and treatment cost. Moreover, there is a general decrease in trend in medical claims which are of routine nature. Furthermore, the industry has not experienced significantly high number of reported claims and therefore has helped the Company to sustain the profitability. Based on these factors, the Company’s management believes that the Covid-19 pandemic has had no material effects on Company’s reported results for the three-month period ended 31 March 2020. The Company’s management continues to monitor the situation closely.Financial assets The Company has performed an assessment in accordance with its accounting policy due to the Covid-19 pandemic to determine the impact of expected credit losses (“ECL”) on its financial assets. These current events and the prevailing economic condition may require the Company to revise certain inputs and assumptions used for the determination of expected credit losses (“ECL”). These would primarily revolve around either adjusting macroeconomic factors used by the Company in estimation of expected credit losses (and or) revisions to the scenario probabilities currently being used by the Company in ECL estimation. However, the management believe these factors are not certain yet and will incorporate any such adjustment in Q2 2020 financial statements. Based on these assessments, the Company’s management believes that the Covid-19 pandemic has had no material effects on Company’s reported results for the three-month period ended 31 March 2020. The Company’s management will continue to reassess its position and the related impact on a regular basis. Credit risk management The Company has strengthened its credit risk management policies to address the fast changing and evolving risks posed by the current circumstances. These include review of credit concentrations at granular economic sector, region, counterparty level and take appropriate action where required. Based on the review, the Company has identified that certain sectors like government contractors, airlines, retail sector and hospitality industry being impacted significantly by the Covid-19 pandemic and lower oil prices.
Disclosure of summary of significant accounting policies [abstract]
Disclosure of summary of significant accounting policies, general comment [text block]	The accounting policies, estimates and assumptions adopted in the preparation of this interim condensed financial information are consistent with those described in the annual financial statements for the year ended December 31, 2019
Description of changes in accounting policy [text block]	As mentioned in Statement of compliance (note 1) the basis of preparation has been changed at the beginning of the period eneded 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 information. The change has resulted in reduction of reported income of the Company for the three month period ended 31 March 2019 by SAR 4.8 million. The change has had no impact on the interim statement of cash flows for the three month period ended 31 March 2019.
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 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 zakat [text block]	A summary of Movement in the Zakat and income tax accrued during the three month period ended 31 March 2020 and the year ended 31 December 2019 are as follows: Zakat payable March 31, 2020 December 31, 2019 (Unaudited) (Audited) SR '000 SR '000 Balance at beginning of the year 40,932 33,689Provided during the period / year 5,800 22,700Payments during the period / year - (15,457)Balance at end of the period / year 46,732 40,932 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 (as explained in note 3(a)) has the following impact on the line items of interim statement of income, comprehensive income and shareholders equity Interim statement of income (Unaudited) SAR ‘000Account As previously stated for three months ended March 31, 2019Net income for the period attributable to the shareholders before Zakat 4,384 Effect of restatement relating to zakat (Zakat charge for the period) (4,815)Net income for the period after Zakat (431) Interim statement of comprehensive income (unaudited) SAR ‘000Account As previously stated for three months ended March 31, 2019Total comprehensive income for the period before zakat 18,827 Effect of restatement relating to zakat (Zakat charge for the period) (4,815)Total comprehensive income for the period 14,012
Disclosure of compensation to key management personnel [text block]	The compensation of key management personnel during the period is as follows: March 31, 2020(Unaudited) March 31, 2019 (Unaudited) SAR’000 Salaries and other allowances 1,783 1,783 End of service benefits 3,637 2,670 5,420 4,453 Shariah committee remuneration 60 60
Disclosure of earnings per share [text block]	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 three month period ended March 31, 2019 0.11 (0.12) (0.01)
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 period and the related balances: Transactions for the period ended Balance receivable / (payable) as at March 31, March 31, March 31, December 31, 2020 2019 2020 2019 (Unaudited) (Unaudited) (Unaudited) (Audited) SAR’000Major shareholders Gross contribution written 209,670 210,308 288,056 142,152 Claims paid 135,977 177,482 - (3,348) Claims incurred and notified during the period 146,841 147,470 (205,176) (194,312) Reimbursement from related party - - - - Bank Balance - - 413,050 332,713 Investment in shares of Al Rajhi Banking and Investment Corporation - - 24,500 29,783 Entities controlled, jointly controlled or significantly influenced by related parties Gross contribution written 9,039 203 9,340 1,559 Claims paid 235 274,533 - - Claims incurred and notified during the period 178 (322) (402) (568) Investments managed by affiliates 1,685 1,927 104,436 115,228 Income received from sale of investment in Al Rajhi Capital commodity fund 1,744 1,948 - - Investment management fee paid to Al Rajhi Capital Company 682 764 - -
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 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 Ramadan 7, 1441, corresponding April 30, 2020.
Disclosure of other notes relevant to understanding of financial statements [text block]	In response to the Covid-19 pandemic, SAMA issued a decree 189 (the “decree”) dated 08 May 2020 to all insurance companies in the Kingdom of Saudi Arabia. Amongst other things, the decree instructs insurance companies to extend the period of validity of all existing retail motor insurance policies by further two months as well as providing a two-month additional coverage for all new retail motor policies written within one month of this decree. The management believes the requirements of the decree to be a non-adjusting event.

[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