Solidarity Group Holding, one of the world’s largest Takaful groups, has held its ordinary and extraordinary general assembly meetings virtually.
The meetings were chaired by Shaikh Khalid bin Mustahail Al Mashani, chairman of the board of directors, and attended by the shareholders, members of the board of directors, representatives of the regulatory authorities, the chairman of the Sharia Supervisory Board, and the external auditors.
During the meeting, shareholders reviewed and approved the agenda items, including the consolidated financial statements for the year ended December 31, 2025.
The meeting also witnessed the appointment and election of the board of directors for a new three-year term, who will lead the group’s operations during the coming period and continue the execution of its growth and expansion strategy, contributing to the delivery of sustainable value for shareholders.
Commenting on the occasion, Shaikh Khalid said: “Last year marked a strategic milestone in the journey of Solidarity Group Holding, as the group experienced a significant transformation in its growth trajectory. This was underscored by the successful completion of the merger and integration of the operations of Bahrain National Insurance Company (bni) and Bahrain National Life Assurance Company (bnl) under Solidarity Bahrain, which expanded the group’s business platform and further strengthened its market position.
“As the new board term begins, we look forward to building on these achievements and advancing the group’s growth and expansion strategy. We also extend our sincere appreciation to our shareholders for their continued trust and support, which remain fundamental to our commitment to creating sustainable long-term value.”
Solidarity Group chief executive officer Ashraf Bseisu said: “Solidarity Group Holding continues to execute its strategy to strengthen its position as a leading financial group in the global Takaful insurance sector, with a focus on expanding its investments and enhancing operational efficiency across its subsidiaries and associates.”
He added: “In the coming phase, we will focus on unlocking greater value from the group’s business platform while further strengthening our institutional capabilities. These efforts will support sustainable growth and reinforce our ability to deliver long-term value to our shareholders.”
Solidarity Group Holding operates across multiple regional markets and is committed to strengthening its position as a leading international financial services group within the global Takaful industry.
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