Wethaq Takaful Insurance Co KCSP

WETH.KW

$0.18

Closing

▲12.40%

1D

▲126.67%

YTD

Market cap

$19.50M

52 week high

$0.20

52 week low

$0.06

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Market cap

$19.50M

Analysts' Rating

0

Price Target (Mean)

-

Total Analysts

0

P/E

106.67

Operating Margin

0.00%

Beta

0.49

Revenue Growth (Annual)

-

52 week high

$0.20

52 week low

$0.06

Div. Yield

0.00%

EPS Annual Growth

54.49

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Wethaq Takaful Insurance Co KCSP (Wethaq) is a Kuwait-based shareholding company engaged in the provision of co-operative insurance and reinsurance products and services in accordance with the Islamic Sharia. The Company’s insurance products and services include clients wise, motors, fire and property, construction and engineering, liabilities, health and life, financial, and marine and aviation insurance. Wethaq can own, sell and purchase real estate and other financial instruments. The Company’s subsidiary is Wethaq Takaful Insurance Company Egypt, which is involved in insurance and reinsurance activities. The Company’s major shareholder include Investment Dar and subsidiaries and Gulf Investment House.