Al-Rajhi Company for Cooperative Insurance (Alrajhi Takaful) announces its Interim Financial Results for the period ending on 2026-06-30 ( Six Months )

Alrajhi Takaful reported a slight 2.7% increase in net profit after zakat to SAR 207.8 million for the six-month period ending June 30, 2026, though quarterly profit fell 15.4% year-over-year to SAR 94.3 million. The quarterly decline was primarily driven by higher incurred claims in general insurance and a drop in revenue from the protection and savings segment.
Insurance revenues for the first half of the year grew 17.4% year-over-year to reaching SAR 3.04 billion, supported by strong business expansion across the medical, motor, and general insurance lines.
The bottom-line performance was significantly bolstered by a 22.8% year-over-year rise in net investment income (excluding unit holders) to SAR 126.3 million for the six-month period, which helped offset increased expenditures on digital technology initiatives.
Shareholders' equity grew by 21.5% year-over-year to SAR 2.78 billion, while earnings per share (EPS) improved to SAR 1.04 compared to SAR 1.01 in the previous year's similar period.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Insurance Revenues	1,531,587	1,380,212	10.967	1,505,230	1.751
Result of Insurance Services	-219,808	217,594	-	207,515	-
Net Profit (Loss) of The Insurance Results	85,002	130,259	-34.743	115,320	-26.29
Net Profit (Loss) of The Investment Results	27,934	-238,776	-	183,454	-84.773
Net Insurance Financing Expenses	26,337	264,887	-90.057	-129,487	-
Net Profit (Loss), After Zakat, Attributable To Shareholders	94,336	111,568	-15.445	113,501	-16.885
Total Comprehensive Income Attributable to Shareholders of the Issuer	110,336	113,197	-2.527	134,061	-17.697
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Insurance Revenues	3,036,817	2,586,118	17.427
Result of Insurance Services	-12,293	383,750	-
Net Profit (Loss) of The Insurance Results	200,322	221,005	-9.358
Net Profit (Loss) of The Investment Results	211,388	-185,824	-
Net Insurance Financing Expenses	-103,150	254,552	-
Net Profit (Loss), After Zakat, Attributable To Shareholders	207,837	202,365	2.704
Total Comprehensive Income Attributable to Shareholders of the Issuer	244,397	199,907	22.255
Total Shareholders Equity (after Deducting Minority Equity)	2,780,088	2,287,386	21.539
Profit (Loss) per Share	1.04	1.01
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the revenues during the current quarter compared to the same quarter of last year is	Insurance revenues for the current quarter amounted to SR 1,531,587K compared to SR 1,380,212K during same quarter of previous year, an increase of 10.97% due to increase in business from medical and motor.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit after zakat attributable to shareholders for the current quarter amounted to SR 94,336K compared to SR 111,568K during same quarter of previous year, a decrease of 15.45% mainly due to the increase in incurred claims in general insurance, and the decrease in insurance revenue from protection and saving despite the increase in insurance result from medical and motor business. Net investment income (excluding unit holders share) for the current quarter amounted to SR 61,245K compared to SR 37,800K during same quarter of previous year, an increase of 62.02%, supported by higher return from investment portfolio.
The reason of the increase (decrease) in the revenues during the current quarter compared to the previous quarter is	Insurance revenues for the current quarter amounted to SR 1,531,587K compared to SR 1,505,230K during the previous quarter, an increase of 1.75% which was driven by the increase in business from medical and motor.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous quarter is	Net profit after zakat attributable to shareholders for the current quarter amounted to SR 94,336K compared to SR 113,501K during the previous quarter, a decrease of 16.89% mainly due to the increase in incurred claims in general insurance, and the decrease in insurance revenue from protection and saving despite the increase in insurance result from medical and motor business. Net investment income (excluding unit holders share) for the current quarter amounted to SR 61,245K compared to SR 65,006K during the previous quarter, a decrease of 5.79%.
The reason of the increase (decrease) in the revenues during the current period compared to the same period of the last year is	Insurance revenues for the current period amounted to SR 3,036,817K compared to SR 2,586,118K during the same period of previous year, an increase of 17.43% mainly due to the increase in business form medical, motor and general insurance.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net profit after zakat attributable to shareholders for the current period amounted to SR 207,837K compared to SR 202,365K during the same period of previous year, an increase of 2.7% due to increase in insurance result from medical and motor despite the increase in expenses from investing in digital technology, and the increase net investment result during the current period compared to same period of last year. Net investment income (excluding unit holders share) for the current period is amounted to SR 126,251K compared to SR 102,804K during the same period of previous year, an increase of 22.81%, supported by higher return from investment portfolio.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None
Reclassification of Comparison Items	None
Additional Information	The earnings per share (EPS) for the current period is SR 1.04 per share versus SR 1.01 per share during the same period of previous year which is calculated by dividing the net income attributed to the shareholders after zakat and income tax of SR 207,837K over the weighted average number of ordinary outstanding shares of 200,000K for the current period and SR 202,365K over 200,000K shares during the same period of previous year. Total shareholders’ equity (after deducting the minority’s interest) as at the end of the current period SR 2,780,088K compared to SR 2,287,386K as at the end of the same period of previous year, an increase of 21.54%. Total comprehensive income for the current quarter amounted to SR 110,336K compared to SR 113,197K during same quarter of previous year, a decrease of 2.53%. Total comprehensive income for the current quarter amounted to SR 110,336K compared to SR 134,061K during the previous quarter, a decrease of 17.7%. Total comprehensive income for the current period amounted to SR 244,397K compared to SR 199,907K during same period of previous year, an increase of 22.25%.