:::WALA'A:::

company

About US

Wala’a has been serving clients in the Saudi insurance industry since 1976...

Board Of Directors

Our directors share a common goal to position Wala’a as one of the leading insurance companies in the Kingdom...

Executive Management

Our team of executive managers continually aim to strategically steer Wala’a to new levels of success...

Shareholders

Wala’a is an exchange traded company with 40% of its shares in the public domain...

Financial Reports

Financial statements and independent auditors’ report for the period from 4 July 2007 to 31 December 2008...

Organization Chart

Illustrates the interrelationships between the structure, hierarchy, and positions within the organization...

Wala’a fully adheres to its corporate governance rules. We practice full transparency, and apply strict internal controls to protect the interests of all stake holders in the company. Everything we do reflects full compliance with the rules and regulations set forth by the Kingdom’s regulatory bodies. This is reflected by the existence of a well documented set of policies and procedures in our company.

Shariyah Review Bureau (SRB) is the Shari’a Advisor of WALAA, supervising and overseeing the Shari'a compliance of all the products and business conducted by the Company. SRB is a leading advisor on Shari’a compliant businesses with a scholarly presence in more than seven countries from Middle East, North Africa and Asia. It employs continuous and streamlined administration procedures to fulfil Shari’a supervisory requirements of WALAA’s, Shari’a approvals and Shari’a Compliance review. To view the Shari’a Compliance report issued by SRB on April 30, 2012.