The Board of Al Khaleej Takaful Approves Offer to Settle Internal and External Investment Files worth QR 146 Million with a Related Party

March 25, 2019

Al Khaleej Takaful Insurance Company announced that its Board of Directors’ meeting, held on 25/3/2019, has approved an offer to settle some internal and external investment files with a related party, which reflected on the accounting of the financial statements for the year 2018. This settlement will see the company receive a sum of one hundred and forty-six million Qatari Riyals, payable in four installments, starting from 31 March 2019 and ending on 31 December 2020.