Monday, 4 August 2025

Aljazira Takaful Q2 Profit Falls 63% to SAR 4 Million

Aljazira Takaful Taawuni Co. reported a 63.2% drop in second-quarter net profit after zakat to SAR 4 million, down from SAR 11 million in the same period last year.

Net insurance results declined 49.8% to SAR 5.3 million from SAR 10.6 million.

For the first half of 2025, net profit after zakat stood at SAR 20 million, down 15.4% from SAR 23.8 million a year earlier.

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Earnings per share fell to SAR 0.31 from SAR 0.36.

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