| King and Spalding and its affiliated office in Riyadh, the Law Office of Mohammad Al-Ammar, advised Jeddah-based AlAhli Takaful Company in its proposed SAR 80 million ($21.3 million) capital increase through a rights issue.
The company published a prospectus for the rights issue after receiving approval from the Saudi Arabian Capital Markets Authority. AlAhli Takaful Company specializes in offering Shari'ah-compliant insurance products (Takaful) in the Kingdom of Saudi Arabia and is regulated by the Saudi Arabian Monetary Agency...............................................Full Article: Source
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