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Saudi Reinsurance Company “Saudi Re” announces receiving certification of Sharia compliance by Shariyah Review Bureau

8200
SAUDI RE
3.84 %
1445/01/09     27/07/2023 09:38:43

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Announcement Detail Saudi Reinsurance Company (“Saudi Re”) announces receiving a statement from its Sharia Advisor, namely, Shariyah Review Bureau (“SRB”) and its appointed Sharia Supervisory Committee (“SSC”) on Wednesday 26/07/2023 corresponding to 08/01/1445, confirms that the Company’s financial arrangements, contracts and transactions with its customers, other financial companies and stakeholders for the year ended 31 December 2022 are in compliance with Shari‘ah standards and guidelines approved by us.

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.

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Key Parameters
Last Price 47.3
Net Change 1.75 (+3.84%)
Value Traded (Sar) 36,981,821
Volume Traded 783,390
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