Al Rajhi Company for Cooperative Insurance SJSC
SAU:8230

Watchlist Manager
Al Rajhi Company for Cooperative Insurance SJSC Logo
Al Rajhi Company for Cooperative Insurance SJSC
SAU:8230
Watchlist
Price: 191 SAR 0.32% Market Closed
Market Cap: 19.1B SAR
Have any thoughts about
Al Rajhi Company for Cooperative Insurance SJSC?
Write Note

Al Rajhi Company for Cooperative Insurance SJSC
Total Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Al Rajhi Company for Cooperative Insurance SJSC
Total Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Assets CAGR 3Y CAGR 5Y CAGR 10Y
Al Rajhi Company for Cooperative Insurance SJSC
SAU:8230
Total Assets
ď·Ľ10.5B
CAGR 3-Years
30%
CAGR 5-Years
24%
CAGR 10-Years
25%
Company for Cooperative Insurance SJSC
SAU:8010
Total Assets
ď·Ľ20.9B
CAGR 3-Years
15%
CAGR 5-Years
8%
CAGR 10-Years
8%
Mediterranean & Gulf Cooperative Insurance and Reinsurance Company SJSC
SAU:8030
Total Assets
ď·Ľ3B
CAGR 3-Years
-8%
CAGR 5-Years
-6%
CAGR 10-Years
-7%
Walaa Cooperative Insurance Company SJSC
SAU:8060
Total Assets
ď·Ľ4.2B
CAGR 3-Years
8%
CAGR 5-Years
17%
CAGR 10-Years
16%
C
CHUBB Arabia Cooperative Insurance Company SJSC
SAU:8240
Total Assets
ď·Ľ699.5m
CAGR 3-Years
-1%
CAGR 5-Years
2%
CAGR 10-Years
1%
Gulf Insurance Group SJSC
SAU:8250
Total Assets
ď·Ľ2.7B
CAGR 3-Years
-3%
CAGR 5-Years
1%
CAGR 10-Years
10%
No Stocks Found

Al Rajhi Company for Cooperative Insurance SJSC
Glance View

Market Cap
19.1B SAR
Industry
Insurance

In the sprawling landscape of the Saudi Arabian insurance market, Al Rajhi Company for Cooperative Insurance SJSC, more commonly known as Al Rajhi Takaful, has carved a distinctive niche. It emerged from a vision that fused the principles of Islamic finance with the pragmatic needs of modern insurance. Operating on the Takaful model, which is a Sharia-compliant form of cooperative insurance, the company crafts its success story around mutual protection. This model allows participants to contribute to a pool of resources managed by Al Rajhi Takaful. When claims arise, these funds are used to pay policyholders, with the company earning a fee for managing the fund, thus aligning profit with ethical standards while fostering trust among its clients. Al Rajhi Takaful thrives primarily by offering a range of insurance products, including but not limited to, motor, health, and property insurance, each tailored to meet the specific needs of its clients while adhering to Islamic principles. The company continuously assesses risk and adjusts its pricing strategies, ensuring competitiveness and sustainability within the market. Its engagement in comprehensive risk management and customer service excellence has established Al Rajhi Takaful as a reputed name in this industry. Moreover, the company's strong alignment with Al Rajhi Bank, one of the largest Islamic banks in the world, provides it with a solid foundation of financial stability and customer trust, further enhancing its ability to attract a broad customer base and maintain steady revenue streams.

Intrinsic Value
147.9 SAR
Overvaluation 23%
Intrinsic Value
Price

See Also

What is Al Rajhi Company for Cooperative Insurance SJSC's Total Assets?
Total Assets
10.5B SAR

Based on the financial report for Sep 30, 2024, Al Rajhi Company for Cooperative Insurance SJSC's Total Assets amounts to 10.5B SAR.

What is Al Rajhi Company for Cooperative Insurance SJSC's Total Assets growth rate?
Total Assets CAGR 10Y
25%

Over the last year, the Total Assets growth was 82%. The average annual Total Assets growth rates for Al Rajhi Company for Cooperative Insurance SJSC have been 30% over the past three years , 24% over the past five years , and 25% over the past ten years .

Back to Top