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Key Milestones

  • Established as Saudi Joint Stock company, with a paid up capital of SAR 300 Million (US$ 80 Million)
  • Offered 47.48% of its capital to the public through an IPO (Initial Public Offering) on 2007.
  • Obtained the commercial registration by Ministry of Commerce and industries on 2007.
  • Malath Stock was listed on Tadawul on 2007.
  • Obtained Final License to practice General and Health Insurance by Saudi Arabian Monetary Agency (SAMA) on 2007.
  • Founder in Saudi Re for Cooperative Reinsurance Company, Malath has a 3.75% of its shares.
  • Founder in Najm Company for Insurance Services, Malath owns 7.69% of its shares.
Arabic