Aljazira Takaful approves board, audit reports for 2020

Aljazira Takaful Taawuni Co.’s (Aljazira Takaful) shareholders approved the board and audit reports, as well as financial statements for 2020, during the ordinary general meeting (OGM) held on June 27, according to a bourse filing.

Shareholders also approved the payment of SAR 918,000 million in board remuneration for 2020, and discharged the board of directors from liability for the same year.

Additionally, they appointed an external auditor to review financial statements for Q2, Q3, and 2021, and Q1 2022.

During the meeting, business contracts between the company and other parties were approved.

Further, shareholders ratified the appointment of four board members for the current three-year term ending July 1, 2022.