ALDawly Takaful Insurance Company has invited its shareholders to attend the ordinary general assembly for the fiscal year ending December 31, 2024, on Thursday, April 24, 2025, at its headquarters. The assembly will discuss the distribution of dividends to shareholders for the year 2024 at a rate of 7 Fils per share, representing 7%, as well as the acknowledgment of any conflicts of interest by its board members and their re-election.
The assembly will also address the legal deduction of 10% amounting to KWD 115,760 and an optional deduction of 10% amounting to KWD 115,760 for the fiscal year ending December 31, 2024, allocated for claims.
Additionally, the assembly will review the board of directors' report, the auditors’ report, and the fatwa and Shari'ah controls report for the fiscal year ending December 31, 2024, and approve them.
It will also hear about any violations and penalties issued by regulatory authorities, as well as reports on transactions conducted or to be conducted with related parties. Moreover, the financial statements for the fiscal year ending December 31, 2024, will be discussed and approved.
Furthermore, the assembly will address the discharge of board members concerning their legal, financial, and administrative actions for the fiscal year ending December 31, 2024, appoint or reappoint auditors for the fiscal year ending December 31, 2025, and authorize the board to determine their fees. It will also appoint or reappoint the Shari'ah supervisory board for the fiscal year ending December 31, 2025, and authorize the board to set their fees.