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Saudi Indian Company for Cooperative Insurance

8110
WAFA INSURANCE
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Saudi Indian Company for Cooperative Insurance %
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  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
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Announcements

  • Saudi Indian Company for Cooperative Insurance (Wafa Insurance) announces the affirmation of the court of appeal in Riyadh for the court order issued by the commercial court in Riyadh on the termination of the Financial Restructuring Procedure and the opening of the liquidation procedure.

    8110
    WAFA INSURANCE 0.0 %
    1443/10/22     23/05/2022 15:33:36
  • Saudi Indian Company for Cooperative Insurance (“Wafa Insurance” or the “Company”) announces the appeal that occurred on the court order issued by the commercial court in Riyadh on the termination of the Financial Reorganization Procedure and the opening of the liquidation procedure

    8110
    WAFA INSURANCE 0.0 %
    1443/05/25     29/12/2021 09:42:03
  • Saudi Indian Company for Cooperative Insurance (Wafa Insurance) announces the issuance of the Commercial Court’s decision in Riyadh ending the company’s financial reorganization procedure and opening the liquidation procedure

    8110
    WAFA INSURANCE 0.0 %
    1443/05/12     16/12/2021 15:26:37
  • Saudi Indian Company for Cooperative Insurance (Wafa) Announces the Results of the Ordinary General Assembly (Second Meeting)

    8110
    WAFA INSURANCE 0.0 %
    1443/04/19     24/11/2021 08:12:09
  • Saudi Indian Company for Cooperative Insurance (Wafa Insurance) announces its inability to publish its Financial Results for the Period Ending on 30-09-2021 (Nine Months) at the specified time

    8110
    WAFA INSURANCE 0.0 %
    1443/04/06     11/11/2021 15:26:50
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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet
      Total Assets - - - -
      Total Liabilities - - - -
      Total Shareholders Equity (After Deducting the Minority Equity) - - - -
      Total Liabilities and Shareholders Equity - - - -
      Statement of Income
      Total Revenue (Sales/Operating) - - - -
      Net Profit (Loss) before Zakat and Tax - - - -
      Zakat and Income Tax - - - -
      Net Profit (Loss) after Zakat and Tax - - - -
      Total Comprehensive Income - - - -
      Profit (Loss) per Share - - - -
      Cash Flows
      Net Cash From Operating Activities - - - -
      Net Cash From Investing Activities - - - -
      Net Cash From Financing Activities - - - -
      Cash and Cash Equivalents, Beginning of the Period - - - -
      Cash and Cash Equivalents, End of the Period - - - -
      All Figures in
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      Last Update Date

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Balance Sheet
      Total Assets
      Total Liabilities
      Total Shareholders Equity (After Deducting the Minority Equity)
      Total Liabilities and Shareholders Equity
      Statement of Income
      Total Revenue (Sales/Operating)
      Net Profit (Loss) before Zakat and Tax
      Zakat and Income Tax
      Net Profit (Loss) after Zakat and Tax
      Total Comprehensive Income
      Profit (Loss) per Share
      Cash Flows
      Net Cash From Operating Activities
      Net Cash From Investing Activities
      Net Cash From Financing Activities
      Cash and Cash Equivalents, Beginning of the Period
      Cash and Cash Equivalents, End of the Period
      All Figures in
      All Currency In
      Last Update Date

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

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      Shareholding Information

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      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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      Saudi Indian Company for Cooperative Insurance
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      Company Profile

      Company overview

      Practicing all cooperative insurance operations and all related activities including continuous reinsurance, agencies, representation, correspondence and brokerage

      Company History

      Saudi Indian Company for Cooperative Insurance (Wafa Insurance) is a Saudi joint stock Company in accordance with Royal Decree No. (M/60) dated 18/09/1427H (corresponding to 11/10/2006G) and incorporated on 24/07/1428H (corresponding to 07/08/2007G) under Commercial Registration No. (1010236705) from Riyadh

      Company Bylaws

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      Equity Profile

      • Authorized Capital  (^) 100,000,000
      • Issued Shares 10,000,000
      • Paid Capital  (^) 100,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2018-06-06

      Investment limits

      There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
      • Date Established

        2007/08/07

      • Financial Year End

        31/12

      • Listing Date

        2007/08/25

      • External Auditors

        [Al Basaam & Co., Al Kharashi & Co.]

      • ISIN CODE

        SA000A0MR880

      • Number of Employees

        219

      • Chairman

        Majid Ahmad Alsuwaigh
        Independent

        Majid Ahmad Alsuwaigh
        • BD Session Start
          2020-01-19
          Designation
          Chairman
        • BD Session End
          2023-01-18
          Classification
          Independent
      • Board of Directors

        Abduallah Hamdan Alkanhal Independent

        Abduallah Hamdan Alkanhal
        • BD Session Start
          2020-01-19
          Designation
          Board of Directors
        • BD Session End
          2023-01-18
          Classification
          Independent

        Raad Nasser Alkahtani Independent

        Raad Nasser Alkahtani
        • BD Session Start
          2020-01-19
          Designation
          Board of Directors
        • BD Session End
          2023-01-18
          Classification
          Independent

        Abdulwahab Ahmed Abed Independent

        Abdulwahab Ahmed Abed
        • BD Session Start
          2020-10-18
          Designation
          Board of Directors
        • BD Session End
          2023-01-18
          Classification
          Independent

        Hassan Mohamed Al Amri Independent

        Hassan Mohamed Al Amri
        • BD Session Start
          2020-10-18
          Designation
          Board of Directors
        • BD Session End
          2023-01-18
          Classification
          Independent
      • Senior Executives

        Ayed Asri Alanzi CEO

      Ayed Asri Alanzi
      • BD Session Start
        2020-04-28
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CEO

      Investor Relations

      Contact Name:

      Mohammed Al Harbi

      Company Address:

      Riyadh, Qurtoba Dist., Saeed Bin Zaid street, second floor, offices No. 1,2,7,12 P.O Box 341413 Riyadh 11333

      Contact Details:

      Telephone: 0112163400
      Fax : 0112163411
      Email : henazy@wafainsurance.com

      Company Website:

      www.wafainsurance.com


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      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.