SABB Takaful obtains CMA approval of rights issue

About SABB Takaful Company:

SABB Takaful Company is a Saudi joint stock company incorporated in the Kingdom of Saudi Arabia with a fully paid-up capital of a SR100m. It is an associate company of SABB and HSBC Group, with 32.5% owned by SABB, 32.5% owned by the HSBC Group and the balance owned by the public by way of an Initial Public Offering, The Company is listed in the Tadawul.

All SABB Takaful products are reviewed and approved by its Shariah Advisory Committee.

Media contact:

Yasmin Adem
Account Executive
Hill & Knowlton
Tel: +966 1 288 6734/35
Fax: +966 1 288 6736
PO Box 251 Riyadh, Kingdom of Saudi Arabia

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