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8110 – Saudi Indian Company for Cooperative Insurance JSC

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Compliant

★★★★★

Industry: Multiline Insurance & Brokers | Saudi

Saudi Indian Company for Cooperative Insurance JSC is Shariah compliant. The company passes all five major Shariah standards.

Market cap: 25 MRev. Growth: %

AAOIFI ✓

Debt/MC%
Non-Compliant Assets/MC%

S&P ✓

Debt/36 mo MC%
Cash/36 mo MC%
AR/36 mo MC%

DJIM ✓

Debt/24 mo MC%
Cash/24 mo MC%
AR/24 mo MC%

FTSE ✓

Debt/Assets%
Cash/Assets%
Cash&AR/Assets%

MSCI ✓

Debt/Assets%
Cash/Assets%
Cash&AR/Assets%

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0


Saudi Indian Company for Cooperative Insurance JSC (Wafa Insurance) is a Saudi Arabia-based joint stock company engaged in the provision of cooperative insurance and reinsurance products and services. The Company’s insurance services portfolio falls into two segments: Non-Life (general insurance), which includes fire, property damage, business interruption, commercial vehicle, workmen compensation, personal accident, burglary, money, fidelity guarantee, machinery breakdown, contractors all risks, erection all risks and health insurance, among others, and Life insurance services (protection & savings) offers a range of plans including Takaful, hemayah protection, participating endowment, cash back, money back and protect lifelong, child benefit, and double cover endowment. The Company operates through three branches in Jeddah, Al Khobar and Riyadh.

We do our best to screen stocks as accurately as possible. Please let us know in the comments if you spot an error or find something questionable. Jazaak Allahu khairan.

To understand how the screening is done, please read the Shariah Screening Methodology page.

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