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Standard & Poor's (S&P) assigns 'BBB' rating to Weqaya Takaful Insurance and Reinsurance Company (Weqaya); Outlook is stable

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BBB Standard & Poor's

Standard & Poor’s (S&P) has assigned Weqaya a 'BBB' long-term counterparty credit and financial strength ratings. “The ratings reflect Weqaya Takaful's strong capitalization and investments, and prospectively satisfactory competitive position and operating performance.” S&P in a statement said.

Weqaya Receives Award for the ‘Best Working Environment’ in the Kingdom of Saudi Arabia 2012

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We are proud to announce that our company ranked first for “Best Working Environment” in the Kingdom of Saudi Arabia in 2012.

Weqaya Receives Thank You Letter from the Islamic International Foundation for Economics and Finance

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Weqaya received a thank you letter from the Islamic International Foundation for Economics and Finance in honor of the company’s contribution to Cooperative Insurance (Takaful) which culminated in the sponsorship of the third forum for cooperative insurance that was organized by the IIFEF and concluded Thursday, 13 Muharram 1433H, corresponding to 8/12/2011.

Winners Announced for Weqaya's Distinguished Scientific Research in Cooperative Insurance Award

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At the meeting of Weqaya’s Distinguished Scientific Research Award Committee, three winners were selected based on the following criteria: